Yelp Beats Wall Street Expectations, Stock Jumps More Than 10%

Yelp CEO Jeremy Stoppelman

Photo: Business Insider

Yelp’s second-quarter earnings are out!It looks like a beat on the top and bottom lines.

Yelp posted a $.03 loss per share, compared to analyst estimates of loss of $.06 per share.

It also beat on revenue, reporting $32.7 million in revenue in the second quarter, compared to Wall Street analyst estimates of $30.5 million.

Yelp also has more than 7 million unique monthly users coming from mobile devices, the company said today.

Shares are spiking more than 12 per cent in extended trading.

Yelp also has a handful of interesting bits about the business assembled in a few slides from an investor relations deck, which we’ve included below.

yelp slide deck 1

Photo: Yelp

 

yelp deck 2

Photo: Yelp

 

yelp deck 3

Photo: Yelp

 

yelp deck 4

Photo: Yelp

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