Yelp (YELP) Posts Surprise Q1 Profit; Offers Q2 Revenue Outlook

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 11/4/2026

1. AMD
2. BKNG
3. AMGN
4. DOX
5. DUOL
6. ANET
7. SWKS
8. XYZ
9. FISV
10. CVS

Go back to Yelp (YELP) Posts Surprise Q1 Profit; Offers Q2 Revenue Outlook

Yelp Announces First Quarter 2016 Financial Results

May 5, 2016 4:05 PM EDT

Local Revenue Increases 40% Over First Quarter 2015

SAN FRANCISCO--(BUSINESS WIRE)-- Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced financial results for the first quarter ended March 31, 2016.

Net revenue was $158.6 million in the first quarter of 2016, reflecting 34% growth over the first quarter of 2015. Excluding brand advertising revenue, to account for the elimination of Yelps display advertising product in 2015, net revenue grew 42% compared to the first quarter of 2015. Cash flow from operations was $23.9 million in the first quarter.... More