Quarterly revenue climbed 20% year over year to $208.9 million -- well above Yelp's guidance provided last quarter for $202 million to $206 million -- helped by strong growth in both app usage and advertiser accounts.
By Steve Symington. Shares of Yelp, Inc. (YELP) were up 26 percent Friday afternoon, after the local business review specialist announced strong second-quarter 2017 results and the sale of its Eat24 business to GrubHub (GRUB).
However, it is important to keep in mind that the Q1 report was downright awful - and could portend further deterioration in YELP stock. Here's what happened: While the company beat on the bottom-line, the revenues were another matter. They hit $197.3 ...
Yelp Inc. (YELP) is an interesting player in the Technology space, with a focus on Internet Information Providers. The stock has been active on the tape, currently trading at $42.53, up from yesterday's close by 1.19%.
Eastbay Asset Management, LLC bought 3,308,696 shares last quarter increasing its exposure to Yelp Inc. by 22,206.0%. Its investment stood at $99,774,000 an increase of 20,345.5% as of the end of the quarter.