EXHIBIT 99.1

Yext, Inc. Announces First Quarter Fiscal 2019 Results
First Quarter Revenue of $51.1 Million, an Increase of 38% Year-Over-Year
Gross Margin of 74.9% as Compared to 73.9% in the Year Ago Quarter
Issues Revenue Guidance of $53.0 Million - $54.0 Million for the Second Quarter Fiscal 2019
Updates Revenue Guidance for Fiscal 2019 to $225 Million - $227 Million

NEW YORK, May 31, 2018 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the leader in digital knowledge management (DKM), today announced its results for the three months ended April 30, 2018, or the Company's first quarter of fiscal 2019.
“We are pleased with our results this quarter, highlighted by our 38% revenue growth over the first quarter of last year - driven, in part, by the more than 60 new enterprise logos we won this quarter - as well as the positive operating cash flow we generated during the quarter,” said Howard Lerman, Co-Founder and Chief Executive Officer of Yext.
“During the quarter, we issued our Spring Product Release, which was packed with new features for our cutting-edge Knowledge Assistant. Through simple SMS or Facebook Messenger commands, our customers can easily update even more information about their business, including photos and featured messages, or even ask Knowledge Assistant information about reviews, ratings and profile views.
“The theme of our most recent EXPLORE conference in London was the Intelligent Future, and a record number of attendees heard from Google about the need for structured data and about the process of building a global brand from one of our European customers, Jaguar Land Rover. In October, we expect more than 1,000 attendees at ONWARD, our annual user conference in New York, to hear from more thought leaders. We invite our investors to join us.”

First Quarter Fiscal 2019 Highlights:
Revenue of $51.1 million, a 38% increase as compared to the $37.1 million reported in first quarter fiscal 2018. The revenue increase was primarily due to the continued growth of our customer base and higher revenue from existing customers, primarily due to expanded subscriptions.
Gross Profit of $38.3 million, a 40% increase as compared to the $27.4 million reported in first quarter fiscal 2018. Gross margin of 74.9% as compared to the 73.9% reported in first quarter fiscal 2018.
Net Loss and Non-GAAP Net Loss:
Net loss of $18.1 million as compared to the $16.1 million net loss in first quarter fiscal 2018. The increased loss was driven by increased operating expenses, primarily in sales and marketing, due to efforts to acquire new customers.
Non-GAAP net loss of $10.1 million as compared to the $12.0 million non-GAAP net loss in the first quarter fiscal 2018.
Net Loss Per Share and Non-GAAP Net Loss Per Share:
Net loss per share of $0.19 based on 94.9 million weighted-average shares outstanding, compared to the net loss per share of $0.40 based on 40.5 million weighted-average shares outstanding in the first quarter fiscal 2018.
Non-GAAP net loss per share of $0.11 based on 94.9 million weighted-average shares outstanding at quarter end, as compared to the $0.13 non-GAAP net loss per share in the first quarter fiscal 2018 based on 90.0 million non-GAAP shares outstanding at quarter end.
Readers are encouraged to review the tables labeled "Reconciliation of GAAP to Non-GAAP Financial Measures" at the end of this release.

1

The following information was filed by Yext, Inc. (YEXT) on Thursday, May 31, 2018 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-Q Quarterly Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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