Yelp Adds Fewer Local Business Accounts Than Expected

By | October 22, 2014

Scalper1 News

Online review site Yelp in Q3 swung to its second per-share profit ever, following Q2, and beat views. But its revenue guidance and local business account additions lagged expectations and shares tumbled in after-hours trading. Yelp (YELP) late Wednesday said Q3 sales rose 67% from the year-earlier quarter to $102.5 million, exceeding the $99 million consensus estimate of analysts polled by Thomson Reuters. But its Q4 revenue guidance of $107 to Scalper1 News

Scalper1 News