Yelp Shares Pop on Less Than Expected Q1 Loss, Revenue Beat
Yelp on Wednesday reported earnings of loss of $0.04 a share on $76.4 million in revenues. This beat analyst estimates of a loss of $0.06 a share on $75.06 million in revenues.
Yelp on Wednesday reported earnings of loss of $0.04 a share on $76.4 million in revenues. This beat analyst estimates that included a loss of $0.06 a share on $75.06 million in revenues. Companies in the online ads business like Yelp have stated that the immediate focus of the industry is all about monetizing mobile ads. Growth in local ads is the key growth driver for Yelp. Yelp Investors should remain encouraged by the Yelp's international expansions.
