Yelp

Yelp, Inc. operates a platform that connects consumers with local businesses in the United States and internationally. The company's platform covers various local business categories, including restaurants, shopping, beauty and fitness, health, and other categories, as well as home, local, auto, professional, pets, events, real estate, and financial services. It provides free and paid advertising products to businesses, which include cost-per-click search advertising and multi-location ad products, as well as enables businesses to deliver targeted search advertising to local audiences and business listing page products. It also offers other services, including Yelp Reservations, which provides online reservations for restaurants, nightlife, and other venues directly from their Yelp business listing pages, Yelp Waitlist, a subscription-based waitlist management solution that allows consumers to check wait times and join waitlists remotely, as well as businesses to manage seating and server rotation, the Yelp Knowledge program, which offers business owners local analytics and insights through access to its historical data and other proprietary content, and Yelp Fusion, which offers free and paid access to content and data for consumer-facing enterprise use through publicly available APIs. In addition, it provides content licensing, as well as allows third-party data providers to update and manage business listing information on behalf of businesses. The Firm offers its products directly through its sales force, indirectly through partners, and online through its website, as well as non-advertising partner arrangements. It has a strategic partnership with Grubhub for providing consumers with a service to place food orders for pickup and delivery. The company was founded by Jeremy Stoppelman and Russell Simmons in July 2004 and is headquartered in San Francisco, CA.

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Yelp reports robust Q4 earnings, eyes revenue diversification for growth

Yelp's Q4 2022 performance reflects strong revenue growth and strategic sales focus, despite challenges in consumer traffic and tax implications.
The company's emphasis on operational efficiency, product innovation, and revenue diversification positions it well for sustainable growth and market resilience.
Opportunities lie in optimizing sales channels, expanding services revenue, and improving consumer engagement to drive future growth and profitability.

Yelp reports 13% revenue growth in Q1 2023 earnings call

Yelp's Q1 performance showed revenue growth and a focus on product innovation, with a strong outlook for Q2. While facing challenges in reducing costs and achieving profitability, the company is well-positioned to capitalize on growth opportunities through strategic initiatives.

Yelp reports record Q2 results, focuses on ad tech growth

Yelp's Q2 2023 performance reflects solid revenue growth, margin improvement, and strategic investments in technology and cost management.
The company's strengths lie in AI advancements, diversified revenue streams, raised outlook, and a focus on innovation and user experience.
Challenges include ongoing cost management, competitive pressures, sustaining growth in key categories, and balancing investments with efficiency.
Opportunities exist in technology enhancements, channel expansion, financial flexibility, and leveraging evolving market trends for future growth.
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Yelp reports stellar Q3 results, eyes growth through innovation

Yelp's Q3 2023 earnings call showcased robust financial performance, with revenue and adjusted EBITDA reaching new highs. The company's strategic focus on ad revenue growth, consumer trust, and innovative initiatives positions it well for future success.

Yelp reports record revenue in Q4 2023, eyes growth opportunities

Yelp's Q4 2023 performance reflects strong revenue and income growth, driven by advertising revenue from Services businesses and user-generated content.
The company's strategic focus on Services categories, cost management, and shareholder value enhancement positions it well for future growth.
While facing challenges in traffic levels and cost per click, Yelp has opportunities to capitalize on investments in Services, efficient channels, and share repurchases.

Yelp reports Q1 revenue growth, invests in innovation for future

Yelp delivered solid Q1 2024 results with revenue growth, improved profitability, and strategic investments in innovation and shareholder value.
While facing challenges like increased investment and market competition, Yelp remains confident in its long-term growth strategy and revenue outlook.
The company's focus on enhancing user experience, expanding in key segments, and leveraging AI presents opportunities for sustained growth and market leadership.
Investors can expect Yelp to navigate challenges, capitalize on opportunities, and drive value through innovation and strategic investments.

Yelp reports record Q3 revenue, acquires RepairPal for expansion

Yelp delivered strong financial performance in Q3 2024, driven by record net revenue and robust profitability in key service categories.
Despite challenges in certain revenue segments, Yelp's strategic initiatives, including the RepairPal acquisition and prudent cost management, bode well for future growth.
Opportunities lie in expanding service offerings, optimizing advertising strategies, and leveraging available funds for shareholder value enhancement.

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Yelp, Inc. engages in the business of operating a community-driven platform that connects people with great local businesses. The company was founded by Jeremy Stoppelman and Russell Simmons in July 2004 and is headquartered in San Francisco, CA.

Shares of Yelp Inc   (NYSE:YELP) are 2.6% lower before the bell after Bank of America initiated bearish coverage with an "underperform" rating and a $30 price target.

Analyst Initiates Bearish Coverage on Yelp Stock

Yelp (YELP) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Here is Why Growth Investors Should Buy Yelp (YELP) Now

Yelp (YELP) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Yelp (YELP) Upgraded to Strong Buy: Here's Why

Alphabet

For years, Yelp has complained about Google's practices, alleging that the tech giant placed its own products above competitors in Google search results.

Yelp vs. Google: An antitrust court fight plays out in San Francisco

SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced that management will present at the Goldman Sachs Communacopia & Technology Conference on September 10, 2024 at 6:05 p.m. Eastern Time. The live and archived webcasts of the presentation will be available on the company's investor relations website at www.yelp-ir.com. The archived webcast will remain available for 180 days after the conclusion of the live pre.

Yelp to Participate in the Goldman Sachs Communacopia & Technology Conference

Yelp is alleging unfair business practices after years of complaining about Google's practices with search and recommendations.

Google Sued by Yelp for Dominating Local Search Results

Business review site Yelp (YELP) sued Alphabet's Google (GOOGL) in a San Francisco federal court, claiming the search giant uses its dominance to steer users to its own content.

Yelp Is Suing Google—What You Need To Know

After years of complaining about Google's practices with search and recommendations, Yelp has sued the company for unfair business practices.

Yelp Sues Google for Dominating Local Search Results

Yelp Inc (NYSE:YELP) has sued Google for stifling competition after a US federal judge ruled earlier this month that the Alphabet Inc (NASDAQ:GOOG) search engine violated antitrust laws. An antitrust lawsuit filed yesterday by the online review company alleging that Google manipulates search results to promote its own local reviews  rather than its rivals, such as Yelp.

Yelp sues Google for stifling competition for reviews after 'monopolist' ruling

Yelp Inc. took its long-simmering feud with Google to the next level Wednesday, filing an antitrust lawsuit against the tech giant and accusing it of using its dominant position to crush competition.

Yelp files antitrust suit against Google, claiming it stifles competition

Yelp YELP 2.30%increase; green up pointing triangle sued Google on Wednesday, accusing the search-engine giant of abusing its dominant position to boost its bottom line and stifle competition in local markets.

Yelp Sues Google, Alleging Abuse of Position to Dominate Local Search

Yelp complained for more than a decade that Google tilted the search market in its favor. After its rival's landmark legal loss, it finally decided to sue.

Google Sued by Yelp in Antitrust Case

3 Reasons Why Growth Investors Shouldn't Overlook Yelp (YELP)

Shares of Yelp barely reacted to a very strong "beat and raise" in Q2, and the stock remains down nearly 30% year to date. Yelp's growth in its home services category continues to outweigh macro-driven headwinds in restaurants and retail. The company also raised its full-year adjusted EBITDA outlook by ~3%.

Yelp: Slow And Steady Wins The Race

YELP's second-quarter results reflect gains from the traction in advertising Services categories, driven by ad clicks, partially offset by softness in RR&O businesses.

YELP Q2 Earnings & Revenues Surpass Estimates, Increase Y/Y

While the top- and bottom-line numbers for Yelp (YELP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Yelp (YELP) Q2 Earnings: A Look at Key Metrics

Yelp (YELP) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago.

Yelp (YELP) Beats Q2 Earnings and Revenue Estimates

Yelp Inc. (NYSE:YELP ) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Kate Krieger - Director, IR Jeremy Stoppelman - CEO David Schwarzbach - CFO Jed Nachman - COO Conference Call Participants Eric Sheridan - Goldman Sachs Cal Bartyzal - Craig-Hallum Capital Group Colin Sebastian - Baird Sergio Segura - KeyBanc Josh Beck - Raymond James Dion Lee - Evercore Georgia Anderson - Wolfe Research Operator Hello, and welcome to the Q2 2024 Yelp, Inc. Earnings Conference Call. [Operator Instructions] I would now like to turn the conference over to Kate Krieger, Director, Investor Relations.

Yelp Inc. (YELP) Q2 2024 Earnings Call Transcript

Back in 2004, Yelp's crowd-sourced business review platform helped create an era of commerce defined by at-your-fingertips convenience. That was then.

Yelp Gets Revenue Lift From AI, Ad Sales in Challenging Environment

SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced its financial results for the second quarter ended June 30, 2024 in the Q2 2024 Shareholder Letter available on its Investor Relations website at yelp-ir.com. “Yelp delivered strong profitability and record net revenue in the second quarter,” said Jeremy Stoppelman, Yelp's co-founder and chief executive officer. “The execution of our product-led strategy.

Yelp Achieves Record Net Revenue and Strong Profitability in the Second Quarter 2024

Besides Wall Street's top -and-bottom-line estimates for Yelp (YELP), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended June 2024.

Gear Up for Yelp (YELP) Q2 Earnings: Wall Street Estimates for Key Metrics

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SVM, IBCP, TMDX, WT and YELP have been added to the Zacks Rank #1 (Strong Buy) List on August 2, 2024.

New Strong Buy Stocks for August 2nd

SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, announced that it will release its financial results for the quarter ended June 30, 2024 after the market closes on Thursday, August 8, 2024. Yelp will issue a press release when its Shareholder Letter has been posted on its investor relations website at www.yelp-ir.com. Following the release of the Shareholder Letter, Yelp will host a webcasted conference call to discuss its se.

Yelp Announces Date of Second Quarter 2024 Financial Results

Yelp (YELP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Yelp (YELP) Earnings Expected to Grow: Should You Buy?

SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE:YELP), the company that connects people with great local businesses, today announced its Summer Ad Product Release to deliver more value to services businesses and national advertisers with a series of new features and updates. The company rolled out features and updates for multi-location services businessess to help them seamlessly generate and manage high-intent leads, including Request a Quote for Brands with a new Leads API, and extended Yelp.

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