Yelp (YELP) Tops Q1 EPS by 1c, Reiterates Outlook
Yelp (NYSE: YELP) reported Q1 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $236 million versus the consensus estimate of $235.34 million.
- We reiterate our Business Outlook for 2019. We continue to expect Net revenue growth of 8-10% for 2019 with Adjusted EBITDA margins increasing by 2-3 percentage points over 2018 levels
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