Yelp (YELP) Tops Q3 EPS by 34c, Revenues Beat

Yelp (NYSE: YELP) reported Q3 EPS of ($0.01), $0.34 better than the analyst estimate of ($0.35). Revenue for the quarter came in at $220.8 million versus the consensus estimate of $198.22 million.

“Yelp’s third quarter results demonstrate our business’s considerable resilience, highlighted by positive year-over-year revenue growth in two key areas of our long-term strategy: Home & Local Services and our Self-serve sales channel,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “Together with our strong balance sheet and increased sales efficiency, we are confident in our ability to return to sustainable growth in the new year while still managing the impacts of the pandemic.”

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

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