Welcome to our dedicated page for Yelp news (Ticker: YELP), a resource for investors and traders seeking the latest updates and insights on Yelp stock.
Yelp Inc. (YELP) operates a leading platform connecting consumers with local businesses through authentic reviews and advertising solutions. This page serves as the definitive source for verified company announcements, financial disclosures, and operational developments.
Investors and stakeholders gain centralized access to critical updates including earnings reports, strategic partnerships, and product innovations. All content is curated to provide transparent insights into Yelp’s market position and business trajectory.
The repository features official releases spanning financial results, leadership changes, and platform enhancements. Regular updates ensure timely awareness of factors influencing Yelp’s performance in the competitive local services sector.
Bookmark this page for efficient tracking of Yelp’s evolving strategies and community impact. Combine these resources with broader market analysis for comprehensive investment decisions.
Yelp Inc. (NYSE: YELP) reported record financial results for 2022, achieving net revenue of $1.2 billion, a 16% increase year-on-year. Net income stood at $36 million, despite a slight decrease from the previous year. Adjusted EBITDA rose to a record $270 million, reflecting a 23% margin. The company anticipates 2023 net revenue between $1.29 billion and $1.31 billion, with Adjusted EBITDA projected between $290 million and $310 million. Positive advertiser demand across various categories contributed to these results. Additionally, Yelp plans to maintain its investment strategy to support long-term shareholder value.
Yelp has released its annual Trust & Safety Report for 2022, highlighting extensive measures to combat deceptive review behaviors. Key findings include the closure of over 77,400 user accounts and the removal of more than 206,700 reviews violating guidelines. Yelp reported a total of approximately 21 million reviews, with 75% recommended by its automated systems. Furthermore, the company issued over 415 warnings to businesses for incentivized reviews and filed more than 1,100 reports to other platforms regarding suspicious activities. Yelp continues to prioritize user trust and safety through significant investments in technology and human moderation.
Yelp Inc. (NYSE: YELP) has announced its financial results for the quarter and full year ended December 31, 2022 will be released after market close on February 9, 2023. A press release will be available on its investor relations website, www.yelp-ir.com. Following this, a webcasted conference call discussing these results will take place at 2:00 p.m. PT (5:00 p.m. ET) the same day. This event will provide insights into Yelp's financial performance for the fourth quarter and full year, essential for investors and stakeholders.
Yelp Inc. (NYSE:YELP) has released its inaugural environmental, social, and governance (ESG) report, highlighting its commitment to sustainability. The report details Yelp's Scope 1, 2, and 3 greenhouse gas emissions, showing a significant reduction since the company adopted remote work. The report also emphasizes Yelp's efforts in promoting diversity, supporting UN Sustainable Development Goals, and enhancing Trust & Safety on its platform. This step is viewed as a strategic move to quantify current impacts and outline future sustainability goals.
Yelp Inc. (NYSE: YELP) has announced that its management will present at the Barclays Global Technology, Media and Telecommunications Conference on December 7, 2022, at 3:40 p.m. Pacific Time. Interested parties can access a live webcast of the presentation through the company’s investor relations website, with the archived version available for 30 days post-event. Founded in July 2004, Yelp connects consumers with local businesses through reviews and other information.
The press release concerning YELP has been removed by the news provider. Key information and updates about YELP, including financial performance, strategic initiatives, and market insights, are currently unavailable. Investors and stakeholders should stay tuned for future announcements to gain clarity on YELP's operations and market position.
Yelp reported a 15% year-over-year increase in net revenue to $309 million for Q3 2022, achieving a net income of $9 million and an adjusted EBITDA of $74 million, marking a record high. The company narrowed its full-year revenue outlook to $1.185 billion - $1.195 billion and adjusted EBITDA to $265 million - $275 million. Additionally, the Board of Directors authorized a $250 million increase in the stock repurchase program. The strong performance was attributed to growth in the services category and efficient sales channels.
Yelp Inc. (NYSE: YELP) will release its financial results for the quarter ended September 30, 2022, after market close on November 3, 2022. A press release will accompany the Shareholder Letter posted on their investor relations website at www.yelp-ir.com. Following this, Yelp will host a conference call at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results. The live and archived webcasts will also be available on their investor relations site.
Yelp Inc. (NYSE:YELP) released its Q3 2022 Economic Average report, highlighting a 22% increase in inflation mentions in reviews compared to Q3 2021. Food businesses and restaurants faced the largest inflationary pressures, with mentions up 31% and 28%, respectively. Increasing searches for budget-friendly dining options rose by 11% from the previous quarter. The Southwest region experienced the highest growth in inflation mentions, while inflation remains a nationwide concern, affecting consumer behavior significantly.
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