Yelp (YELP) Tops Q2 EPS by 27c, Lowers Full Year Guidance

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Yelp Achieves Record Net Revenue and Strong Profitability in the Second Quarter 2024

August 8, 2024 4:05 PM EDT

Net Revenue increased by 6% year over year to $357 million

Net Income increased by 158% year over year to $38 million, reflecting an 11% margin

Adjusted EBITDA grew 9% year over year to $91 million, reflecting a 26% margin

Full-year outlook adjusted to $1.410 billion to $1.425 billion of Net Revenue and $325 million to $335 million of Adjusted EBITDA1

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