Wednesday, February 6, 2013

Yelp Misses In Q4 With Net Loss Of $5.3M, While Revenues Were Up 65 Percent To $41M

Yelp-LogoToday, Yelp announced its fourth-quarter earnings, and they weren't as sunny as some as hoped. Net revenue was $41.2 million in Q4 of 2012 -- a 65 percent growth in new revenue from 2011. In turn, net loss was $5.3 million, or $0.08 per share, compared to a net loss of $9.1 million, or $0.55 in the fourth quarter of 2011. Adjusted EBITDA was $1.8 million.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/q8lvYe4ueDs/

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