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. reports developments tied to its community-driven local platform, which connects consumers with local businesses through reviews, photos, business information, quote requests, restaurant bookings and other transactions. Company news commonly covers operating results, shareholder letters, advertising revenue trends, Services and Restaurants, Retail & Other activity, and management commentary on product investment.
Recurring updates also include Yelp’s AI transformation, including the AI-powered Yelp Assistant, business-owner support tools, booking integrations and data-licensing partnerships. Trust and safety announcements describe Yelp’s automated recommendation software, content policies, review filtering, account enforcement and moderation of business pages.
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.
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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.
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.
Yelp (NYSE: YELP) will present at the Goldman Sachs Communacopia and Technology Conference on September 15, 2022, at 9:15 a.m. Pacific Time. The live and archived webcasts will be accessible on their investor relations website. Yelp, founded in July 2004 in San Francisco, connects users with local businesses through trusted information, reviews, and various engagement features, facilitating requests for quotes, reservations, and purchases. For more details, visit www.yelp-ir.com.
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.