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Zacks
Here's What Key Metrics Tell Us About Yelp (YELP) Q1 Earnings
The headline numbers for Yelp (YELP) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
StockStory
Yelp's (NYSE:YELP) Q1 Earnings Results: Revenue In Line With Expectations But Stock Drops
Local business platform Yelp (NYSE:YELP) reported results in line with analysts' expectations in Q1 CY2024, with revenue up 6.5% year on year to $332.8 million. It made a GAAP profit of $0.20 per share, improving from its loss of $0.02 per share in the same quarter last year.
Barrons.com
Yelp’s Earnings Top Estimates but Forecasts Disappoint
CFO David Schwarzbach said that retailers and restaurants continued to be squeezed by higher costs in areas such as labor, leaving less money to spend on ads.