Yelp Inc Stock Price, News & Analysis

Yelp reported a 16% year-over-year increase in net revenue for Q2 2022, totaling $299 million, with a net income of $8 million. Adjusted EBITDA rose to $67 million. The company raised its full-year revenue outlook to between $1.18 billion and $1.20 billion, and adjusted EBITDA expectations to $265 million to $285 million. Yelp's strategy to connect advertisers with a high-intent audience is reflected in record ad revenue and a significant share from self-serve and multi-location channels.

Yelp Inc. (NYSE: YELP) announced that its management will present at the KeyBanc Technology Leadership Forum on Tuesday, August 9, 2022, at 9:30 a.m. Pacific Time. The live and archived webcasts of this presentation will be accessible on the company's investor relations website for one year following the event. Founded in July 2004 in San Francisco, Yelp connects consumers with local businesses, offering trusted information, photos, and reviews to facilitate connections.

Yelp Inc. (NYSE: YELP) announced the release of its financial results for the quarter ended June 30, 2022, scheduled for August 4, 2022, after market close. A press release detailing the financial outcomes will follow on its investor relations website, www.yelp-ir.com. Additionally, Yelp will host a webcasted conference call at 2:00 p.m. PT (5:00 p.m. ET) on the same day to discuss the results.

Yelp Inc. (NYSE: YELP) has released its Q2 2022 data, highlighting a significant rise in inflation-related mentions in consumer reviews, up 28% from Q2 2021. Searches for electric vehicles surged 97% year-over-year as gas prices soared. Despite inflation, consumers still sought higher-priced businesses more frequently than pre-pandemic. The average reservation booking time increased to 3.3 days, reflecting consumers' advanced planning. Overall, Yelp's findings indicate a strong consumer spending trend, though inflationary pressures are evident across various sectors.

Yelp Inc. (NYSE: YELP) announces its participation in the Jefferies Internet Summit on May 31, 2022, at 11:10 a.m. Pacific Time. The presentation will be accessible via live and archived webcasts on the company’s investor relations website. The archived version will be available for 30 days post-event. Founded in July 2004, Yelp connects users with local businesses, offering a platform for reviews, quotes, and reservations.

Yelp Inc. (NYSE: YELP) announced that management will present at the JP Morgan Global Technology, Media & Communications Conference on Wednesday, May 25, 2022, at 7:40 a.m. Pacific Time. The presentation will be accessible via live and archived webcasts on the company's investor relations website, www.yelp-ir.com, with the archived version available for 30 days post-event. Yelp connects consumers with local businesses, enhancing local discovery and transactions.

Yelp Inc. reported a strong Q1 2022, with Net Revenue rising 19% year-over-year to $277 million. The Net Loss improved to ($1) million, a $5 million enhancement compared to last year. Adjusted EBITDA also increased by 10% year-over-year to $48 million. CEO Jeremy Stoppelman attributed these results to robust demand for Yelp’s advertising products, leading to more businesses advertising and increased spending per location. Yelp expects to meet the higher end of its revenue outlook for the full year, emphasizing ongoing investment in profitable growth areas.

Yelp Inc. (NYSE: YELP) announced it will release its financial results for Q1 2022 on May 5, 2022, after market closure. Investors can expect a press release detailing the Shareholder Letter on their investor relations website at www.yelp-ir.com. A conference call will follow at 2:00 p.m. PT (5:00 p.m. ET) to discuss the results, with live and archived webcasts available from the same site. This event marks an important opportunity for investors to gain insights into Yelp's financial health and operational updates.