Yext Q2 Revenue $111.1M and Record $34M Adjusted EBITDA After GoShine Close
Yext posted record adjusted EBITDA of $34 million and a 30.6% margin, with $405.9 million ARR from customers at least $50,000. Dollar-based net retention rose to 98%. The company closed its GoShine acquisition and released a working prototype of Corvo AI, generating $45.4 million operating cash flow in six months and repurchasing about $150.9 million of stock.