On Its 10th Birthday, Yelp Turns a Profit

by Steven Jacobs
Ten years in, and Yelp is now in the black. The company beat analysts’ expectations when it reported better-than-expected growth Wednesday with strong top-line growth and a million dollars in the profit for the first time in its history. The company appears to see some leverage in its early markets. The local reviews company grew top line revenues by 61% from a year earlier, posting $88.Read the full article