YELP Stock Recent News

Yelp CFO David Schwarzbach joins Caroline Hyde and Ed Ludlow to discuss their quarterly results and why he believes the company's product-led strategy is working. He speaks on "Bloomberg Technology.

YELP's third-quarter 2023 results reflect the benefits of increased advertising spending by customers in the post-pandemic scenario when global economies are open.

Although the revenue and EPS for Yelp (YELP) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Yelp Inc.'s stock rose 3% in extended trading Thursday after the company reported quarterly revenue and earnings that topped analysts' estimates, as well as strong annual sales guidance.

The company's 2023 outlook, however, implies a mixed fourth-quarter forecast.

We expect the stock to trade higher post the fiscal Q3 release with revenues coming in line and earnings beating earnings.

Up as much as 13% earlier this year, the S&P 400 has slipped into negative territory for 2023. Like its large-cap cousin, the S&P 500, the mid-cap index is being weighed down by surging Treasury yields and rising geopolitical risks.

Yelp serves as a valuable guide for consumers seeking reviews and information about local businesses, primarily in the United States. Yelp Inc. has demonstrated consistent resilience, and this trend is expected to continue, driven by its appealing value proposition to advertisers, resulting in revenue growth and margin expansion. While the expanding use of AI presents a challenge, Yelp's recent strong performance and innovative product offerings position it for growth.

Yelp is suing Texas to ensure it can continue to tell users that crisis pregnancy centers listed on its site do not provide abortions or abortion referrals, opening a new front in the fight between states and the tech industry over abortion restrictions.

Yelp and a coalition of news organizations have asked a U.S. judge to disqualify a prominent U.S. law firm from defending Google in the Justice Department's ad tech lawsuit, saying the firm has a conflict of interest because it previously was their advocate on matters related to the case.