Yelp (YELP) Misses Q2 EPS by 3c, Q3 & FY Guidance Falls Short

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Yelp Announces Second Quarter 2015 Financial Results

July 28, 2015 4:05 PM EDT

SAN FRANCISCO, July 28, 2015 /PRNewswire/ -- Yelp Inc. (NYSE: YELP), the company that connects consumers with great local businesses, today announced financial results for the second quarter ended June 30, 2015.

Net revenue was $133.9 million in the second quarter of 2015 reflecting 51% growth over the second quarter of 2014. Adjusted EBITDA for the second quarter of 2015 was $22.7 million, reflecting a 32% increase over the second quarter of 2014. Cumulative reviews grew 35% year over year to approximately 83 million. Mobile... More