Yelp Earnings: 51 Percent Revenue Growth But Outlook Disappoints

by Greg Sterling
Yelp announced Q2 2015 earnings this afternoon. The company had quarterly revenues of $133.9 million, which represented 51 percent year over year growth and handily beat analyst expectations. However earnings-per-share were below expectations and guidance was lowered, causing the stock to fall in after-hours trading. Yelp said that reviews grew 35 percent from 61 million to 83 million.Read the full article