Yelp (YELP) Tops Q4 EPS by 1c; Guides In-Line

Yelp (NYSE: YELP) reported Q4 EPS of $0.08, $0.01 better than the analyst estimate of $0.07. Revenue for the quarter came in at $109.9 million versus the consensus estimate of $108.36 million.

Yelp sees Q1 2015 revenue of $114-116 million, versus the consensus of $115 million.

Yelp sees FY2015 revenue of $538-543 million, versus the consensus of $537.98 million.

"We are extremely pleased with our accomplishments in 2014, having made great progress on the key initiatives we set at the beginning of the year," said Jeremy Stoppelman, Yelp's chief executive officer. "We continued to support the Yelp community with numerous improvements to the consumer experience, expanded our geographic footprint and found new ways to communicate the valuable leads we deliver to local businesses. As we move into 2015, we will look to drive mobile engagement by making Yelp even more useful for everyday consumer needs, increase awareness of Yelp among consumers and deliver and measure ROI for our advertisers. We see a vast market opportunity ahead of us and look forward to capturing more advertising spend as it shifts online."

"This past year marked an important milestone for Yelp," added Rob Krolik, Yelp's chief financial officer. "We achieved full year profitability for the first time while growing revenue in excess of 60% in 2014 and generating operating cash flow of approximately $58 million. Given the leverage we've seen in the business and the large opportunity ahead of us, we believe we can achieve adjusted EBITDA margins of 35-40% over the long term."

For earnings history and earnings-related data on Yelp (YELP) click here.

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