For the second quarter in a row, Yext (YEXT) has stunned investors with its quarterly earnings performance. Building on the back of a constant flurry of bullish news (an expanded headquarters headcount to support growth; new integrations with Chinese services like Baidu (BIDU) to expand Yext's reach overseas), Yext has delivered strong revenue growth as well as significant loss reductions. Yext actually managed to achieve accelerating revenue growth for the second quarter in a row, a tremendous feat for a software company that's technically no longer a startup.
Unsurprisingly, shares rose