Yelp shares sink 5% after Q4 results come in mixed
Yelp revealed higher-than-expected revenues, but a bigger loss in 2012Yelp isn't having a good Thursday. After posting mixed Q4 results Wednesday evening, shares were down more than 5.5% Thursday morning to $21.15. While analysts like Doug Anmuth of J.P. Morgan were expecting $40.5 million in revenue—at the high end of Yelp’s guidance of $40-40.5 million, the company surprised with $41.2 million, a 65% increase over Q4 2011. But Yelp ... [Read more]
Tags:
Yelp shares sink 5% after Q4 results come in mixed,
Yelp Latest News