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.

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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.

Yelp's stock is up 34% year to date, outperforming the S&P 500, due to stronger fundamentals and increased advertiser demand. Yelp is expanding into new categories such as Home Services and targeting multi-location national chains, which is driving growth. Despite a shift in sales strategy and pandemic-related layoffs, Yelp continues to grow its paid advertiser accounts and is expected to boost its adjusted EBITDA.

Yelp: Momentum Is Picking Up Steam

Activist investor TCS Capital Management has acquired a 4% stake in the service-recommendation platform Yelp and is pushing the company to explore strategic alternatives. The activist has pointed out that the company might be an attractive acquisition target to potential financial and strategic buyers. TCS has estimated that Yelp might be worth c. $70/share in a sale scenario, implying a 90%+ upside from current share price levels.

Yelp: Activist Pressure Might Lead To A Company Sale

In a surprising turn of events this week, online crowd-sourced review website Yelp Inc ( US:YELP ) found itself under the scrutiny of activist investor TCS Capital Management prompting discussions about strategic alternatives and the potential for a sale.

Investors Crowd Into Yelp Stock After TCS Capital Discloses Stake, Pushes for PE Sale or Angi Merger

Yelp is the target of an activist investor who says the company should merge with Angie's List or explore other options because its falling behind and has the wrong CEO.

Yelp shares spike on activist letter, company responds

Yelp Inc. is under pressure again from an activist investor to sell the company — which is not a new story and may face the same roadblock as previous efforts.

Activist investor says ‘Yelp is not the company people think it is,' while pushing for a sale that is unlikely to happen

Activist investor TCS Capital Management demanded Yelp take immediate steps to boost the stock price, including considering a sale.

Activist Investor Demands Yelp Board Act to Boost Stock Price

Activist investor TCS Capital claims Yelp is worth double its share price. It's unclear who would want to buy it for that much.

Yelp stock soars as activist investors say it needs its own Elon Musk

An activist investor believes Yelp needs to seek a sale or a value-adding merger. Management hasn't responded to the open letter so investors shouldn't put too much weight on the given suggestions.

Why Yelp Stock Jumped Today

Yelp jumped as much as 14% Tuesday, heading for its biggest single-day increase since August. The Wall Street Journal reported that an activist investor has called on Yelp to explore a sale.

Yelp surges 14% after activist investor reportedly calls on board to explore a sale

The shares of Yelp Inc   (NYSE:YELP) are up 9.8% at $35.69 at last check, after TCS Capital Management asked the company to explore strategic options, including a sale or merger with internet services concern Angi (ANGI).

Yelp Stock Pops as Top Shareholder Urges Sale or Merger

Yelp (NYSE: YELP ) stock is trending on social media and climbing 11% after one of its largest investors pushed the firm to consider selling itself. The investor, TCS Capital Management, says it believes that Yelp can be sold for “at least $70 a share.

YELP Stock Alert: Can an Activist Investor Save Yelp?

Shares of Yelp Inc (NYSE: YELP) opened about 10% up this morning after an activist investor disclosed a sizable stake in the recommendation website operator. TCS wants Yelp to merge with Angi On Tuesday, TCS Capital Management pushed the California-based company to explore strategic options including a possible sale.

Activist investor TCS Capital wants Yelp to consider strategic options

Yelp shares jumped by double digits in pre-market trading on Tuesday after activist investor TCS Capital Management called for the service-recommendation platform to consider strategic alternatives, including a sale. Per a report by The Wall Street Journal citing a letter set to be delivered to Yelp's board on Tuesday by TCS president Eric Semler, the firm believes Yelp could be sold to another company or a private equity buyer for at least $70 a share.

Yelp stock soars as activist investor pushes for sale

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Markets moved lower as Washington failed to reach a resolution on the debt ceiling. Yelp shares jumped as an activist investor called for a sale.

These 2 Stocks Are Rising in a Down Market

Yelp Inc. shares YELP, -0.67% surged about 14% in premarket trade after the Wall Street Journal reported an activist investor is calling on the company to consider selling to boost its value.

Yelp shares rally on report activist investor wants sale, while PacWest stock climbs for second day

TCS Capital Management's Eric Semler says the recommendations site could be worth double the current share price, The Wall Street Journal reports.

Yelp Stock Surges as Activist Investor Pushes for Sale

Yelp Inc. shares surged about 14% in after-hours trading Monday after the Wall Street Journal reported an activist investor is calling on the company to consider selling to boost its value.

Yelp shares rally on report that activist investor is urging sale

TCS Capital Management has built a stake in Yelp and is calling on the service-recommendation site to explore strategic alternatives.

Activist Investor Calls on Yelp to Explore Sale

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 J.P. Morgan Global Technology, Media and Communications Conference on Tuesday, May 23, 2023 at 11:35 a.m. Pacific 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 30 days after the conclusion.

Yelp to Participate in the J.P. Morgan Global Technology, Media and Communications Conference

SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, released its annual environmental, social and governance (ESG) report today. The report introduces Yelp's goal to reach net zero by 2031 through a science-based operational reduction plan, which includes strategies to identify and reduce Scope 1, 2 and 3 emissions as well as utilize high-quality carbon offset and removal programs. “Embracing remote work has created an opportunit.

Yelp Sets Goal of Reaching Net Zero by 2031 in Latest ESG Report

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4 Internet Stocks to Buy From a Prospering Industry

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 Jefferies Virtual Internet Summit on Tuesday, May 16, 2023 at 8:40 a.m. Pacific 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 30 days after the conclusion of the live presentation. About Ye.

Yelp to Participate in the Jefferies Virtual Internet Summit

YELP's first-quarter results reflect benefits from increased advertising spending by customers in the post-pandemic scenario when most of the economies are rebounding.

YELP's Q1 Loss Narrower Than Estimated, Revenues Rise YoY

Yelp (YELP) came out with quarterly earnings of $0.02 per share, beating the Zacks Consensus Estimate of a loss of $0.08 per share. This compares to loss of $0.01 per share a year ago.

Yelp (YELP) Beats Q1 Earnings and Revenue Estimates

Yelp Inc. (NYSE:YELP ) Q1 2023 Results Conference Call May 4, 2023 5:00 PM ET Company Participants James Miln - SVP, Finance and IR Jeremy Stoppelman - CEO David Schwarzbach - CFO Jed Nachman - COO Conference Call Participants Colin Sebastian - Baird Sergio Segura - KeyBanc Capital Markets Justin Patterson - KeyBanc Capital Markets Operator Hello and welcome to the Yelp First Quarter 2023 Earnings Conference Call. My name is Elliot and I'll be your coordinating your call today.

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