Yelp (YELP) Stock Gains 4% Following Q3 Beat

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Yelp Reports Third Quarter 2021 Financial Results

November 4, 2021 4:05 PM EDT

Third quarter Net revenue grew 22% year over year to $269 million, resulting in a positive Net income of $18 million

Adjusted EBITDA increased by 34% year over year to a record $71 million

Full year Net revenue outlook narrowed to the high end of the range: $1.02 billion to $1.03 billion, and full year Adjusted EBITDA1 outlook raised to $233 million to $243 million

SAN FRANCISCO--(BUSINESS WIRE)-- Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today posted its financial results for the... More