Yelp (YELP) Tops Q2 EPS by 28c; Issues Solid Outlook

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Go back to Yelp (YELP) Tops Q2 EPS by 28c; Issues Solid Outlook

Yelp Reports Second Quarter 2017 Financial Results

August 3, 2017 4:06 PM EDT

Revenue Increases 20% Over Second Quarter 2016; Announces Proposed Sale of Eat24 and Partnership with Grubhub

Board Authorizes $200 Million Share Repurchase Program

SAN FRANCISCO--(BUSINESS WIRE)-- Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced financial results for the second quarter ended June 30, 2017.

We performed well in the second quarter, growing revenue by 20% and driving strong growth in app usage and advertiser accounts, said Jeremy Stoppelman, Yelps co-founder and chief executive officer. We generated strong profitability in the second quarter, even... More