Yelp Reports Second Quarter 2018 Financial Results
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Go back to Yelp Reports Second Quarter 2018 Financial Results
August 9, 2018 9:44 AM EDT
Yelp (NYSE: YELP) adds to early gains following results following solid results and guidance after the close. Shares are up 21% on volume that is running 123x the norm.
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August 9, 2018 8:54 AM EDT
RBC Capital raised its price target on Yelp (NYSE: YELP) to $53.00 (from $52.00) while maintaining an Outperform rating.
Analsyt Mark Mahaney noted PAAs (Paying Advertising Accounts) increased by a record 17K and Traffic trends were neutral to positive. He said the non-term ad shift seems to be working.
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August 8, 2018 4:07 PM EDT
Yelp (NYSE: YELP) reported Q2 EPS of $0.12, versus the consensus of $0.01. Revenue for the quarter came in at $235 million versus the consensus estimate of $232.28 million.
Reports Net Revenue of $235 Million, Net Income of $11 Million and Adjusted EBITDA of $47 MillionAdvertising Revenue Growth Accelerates to...
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