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Yelp (YELP) Q4 Revs Beat, Guides In-Line

February 7, 2018 4:09 PM

Yelp (NYSE: YELP) reported Q4 EPS of $1.60, which does not compare to the analyst estimate of $0.05. Revenue for the quarter came in at $218 million versus the consensus estimate of $214.96 million.

GAAP results include a $164.8 million pre-tax gain on the sale of Eat24.

“We finished 2017 strong with rising growth in new advertiser acquisition and continued improvements in revenue retention from the prior year,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “In 2018, we are focused on increasing consumer usage through deepening our product experience in the Restaurants category and attracting advertisers through expanding sales channels and increased ad product flexibility.”

GUIDANCE:

Yelp sees Q1 2018 revenue of $218-221 million, versus the consensus of $218.9 million.

Yelp sees FY2018 revenue of $935-965 million, versus the consensus of $950.34 million.

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

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Earnings Guidance

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