Yelp Reports First Quarter 2018 Financial Results

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Yelp (YELP) PT Raised to $61 at Deutsche Bank

May 11, 2018 7:10 AM EDT

Deutsche Bank raised its price target on Yelp (NYSE: YELP) to $61.00 (from $58.00) while maintaining a Buy rating.

Analyst Lloyd Walmsley commented, "Yelp reported mixed 1Q results with the best quarter of net new PAA growth of all time yet a disappointing quarter... More

Yelp (YELP) Reports Q1 Revenues Above Estimates; Raises FY Revenue & Adj. EBITDA Outlook

May 10, 2018 4:06 PM EDT

Yelp (NYSE: YELP) reported Q1 EPS of ($0.03), versus the consensus of ($0.05). Revenue for the quarter came in at $223 million versus the consensus estimate of $220.14 million.

We had a great start to 2018, accelerating advertising revenue growth and attracting a record number of new advertisers in... More