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Yelp Reports Third Quarter 2018 Financial Results

YELP (YELP)  More Company Research Source: Business Wire
Last yelp earnings: 11/8 04:05 pm Check Earnings Report
US:NYSE Investor Relations: yelp-ir.com/investor-overview
PDF Reports Net Revenue of $241 Million, Net Income of $15 Million and Adjusted EBITDA of $50 Million SAN FRANCISCO--(BUSINESS WIRE)-- Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today posted its financial results for the quarter ended September 30, 2018 in the Q3 2018 Shareholder Letter on its Investor Relations website at www.yelp-ir.com. “Although we achieved our adjusted EBITDA outlook for the third quarter, revenue was lower than we anticipated,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “While the shift to non-term advertising has opened our sales funnel, it has also made our results more sensitive to short-term operational issues. We have begun to address a number of the issues that impacted our third quarter results; however, we expect them to affect our fourth quarter results as well, as reflected in our Business Outlook. [Read more]

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