EXHIBIT 99.1

Yext, Inc. Announces Second Quarter Fiscal 2018 Results
Second Quarter Revenue of $40.8 Million, an Increase of 38% Year-Over-Year
Gross Margin of 74.1% as Compared to 69.3% in the Year Ago Quarter
Issues Revenue Guidance of $43.5 Million - $44.0 Million for the Third Quarter Fiscal 2018

NEW YORK, September 6, 2017 /PRNewswire/ -- Yext, Inc. (NYSE: YEXT), the leader in digital knowledge management, today announced its results for the
three months ended July 31, 2017, or the Company's second quarter of fiscal 2018.
“We had a great second quarter, highlighted by strong revenue growth of 38% over the second quarter last year and the continued expansion of our gross margins, which increased 480 basis points over the year ago quarter,” said Howard Lerman, Co-Founder and Chief Executive Officer of Yext.
“We are the leader in a new category called digital knowledge management and we are continuing to benefit from an important macro trend: the rise of intelligent search.
“During the second quarter, we opened our office in Japan, launched our App Directory and added over 50 new Enterprise logos. We have also continued our progress in building a world class sales organization with several new hires, including a GVP to lead both our eastern region and the Financial services vertical; an EVP for mid-markets and the small business channel; and the Chairman and CEO of Yext Japan.
“Our addressable market is at least $10 billion and growing, and we will continue to invest in expanding our distribution capabilities in the second half of the year, which we believe will position us for long-term success.”

Second Quarter Fiscal 2018 Highlights:
Revenue of $40.8 million, a 38% increase as compared to the $29.6 million reported in second quarter fiscal 2017. The revenue increase this quarter 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 $30.2 million, a 48% increase as compared to the $20.5 million reported in second quarter fiscal 2017. Gross margin of 74.1% as compared to the 69.3% reported in second quarter fiscal 2017.
Net Loss and Non-GAAP Net Loss:
Net loss of $16.4 million as compared to the $9.0 million net loss in second quarter fiscal 2017. 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 $11.4 million as compared to the $6.8 million non-GAAP net loss in the second quarter fiscal 2017.
Net Loss Per Share and Non-GAAP Net Loss Per Share:
Net loss per share of $0.18 based on 90.1 million weighted-average shares outstanding, compared to the net loss per share of $0.29 based on 31.0 million weighted-average shares outstanding in the second quarter fiscal 2017.
Non-GAAP net loss per share of $0.13 based on 90.1 million weighted-average shares outstanding at quarter end, as compared to the $0.22 non-GAAP net loss per share in the second quarter fiscal 2017 and based on 31.0 million weighted-average 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.


The following information was filed by Yext, Inc. (YEXT) on Wednesday, September 6, 2017 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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