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Stock impact report

Yelp Reports Record Net Revenue in the Third Quarter 2022

Yelp Inc. (YELP) 
Last yelp inc. earnings: 2/13 04:05 pm Check Earnings Report
US:NYSE Investor Relations: yelp-ir.com/investor-overview
Company Research Source: Business Wire
Third quarter Net revenue increased by 15% year over year to $309 million, resulting in Net income of $9 millionAdjusted EBITDA increased to record $74 millionNarrows full-year outlook to $1.185 billion to $1.195 billion of Net revenue and $265 million to $275 million of Adjusted EBITDA1Board of Directors authorized $250 million increase to stock repurchase program SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today posted its financial results for the third quarter ended September 30, 2022 in the Q3 2022 Shareholder Letter available on its Investor Relations website at www.yelp-ir.com.“The third quarter brought a number of new highs as advertisers continued to turn to Yelp for our broad-based ad platform and high-intent audience,” said Jeremy Stoppelman, Yelp co-founder and chief executive officer. “We delivered record net revenue, driven by record revenue in our services categories and in our most efficient S Show less Read more
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