LOGO
LOGO

Quick Facts

Yelp Q1 Loss Narrows; Issues Q2, FY13 Revenue Outlook

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Yelp Inc. (YELP) Wednesday reported first-quarter net loss attributable to common stockholders of $4.8 million or $0.08 per share, narrower than $9.8 million or $0.31 per share in the comparable quarter last year.

On average, fourteen analysts polled by Thomson Reuters expected loss of $0.06 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter grew to $46.13 million from $27.39 million in the prior-year quarter, while sixteen analysts had a consensus revenue estimate of $44.57 million for the quarter.

Looking ahead, the company expects second quarter revenues in the range of $52.5 million to $53.5 million. Analysts currently expect revenues of $50.56 million for the quarter.

The company expects full-year 2013 revenue to be in the range of $216 million to $218 million. Analysts currently expect revenues of $211.81 million for the year.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19