Below, we'll dive deeper into the company's earnings history, and why options traders may have a difficult time discerning where YELP will head after its latest report. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.The shares of Yelp Inc (NYSE:YELP) are up 5%, last seen trading at $23.14, ahead of the restaurant review platform's first-quarter earnings report, due out after the close today.
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#Yelp stock plus#
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#Yelp stock Offline#
Yelp faces competition from Internet search giants like Google and Microsoft’s Bing, social media platforms like Facebook as well as offline companies such as print media, television or radios. The company sells its products directly through sales force, indirectly through partners and online through website.Īs of Dec 31, 2021, Yelp’s sales force consisted of 4,400 employees, posted across offices in San Francisco, CA Scottsdale, AZ New York, NY Chicago, IL Washington, DC and Toronto, Ontario. In 2018, the company embarked on a significant business transformation by transitioning from selling advertising products pursuant to fixed-term contracts to selling under non-term contracts. Other Services revenues include revenues from Yelp Reservations, Yelp Waitlist, Yelp WiFi Marketing, Yelp Knowledge and Other Partnerships. Yelp recognizes revenues from Yelp Platform, Eat24 and the Grubhub Partnership plus Yelp Deals and Gift Certificates on a net basis as transactions revenues. Paying advertiser accounts were 569,000 at the end of the second quarter of 2022.
The company recognizes revenues from business listing and advertising products including advertising sold by partners as advertising revenues. The company helps businesses connect with consumers through ad products, messaging features like Request-A Quote, the Yelp transaction platform and retention tools, among others.ĭuring 2021, the company generated net revenue of $1.03 billion. It covers restaurants, shopping, nightlife, financial services, health and a variety of services.
San Francisco, CA-based Yelp, founded in 2004, is a website engaged in providing information through online community offering social networking. See all Internet - Content Peers Zacks News for YELP More Premium Research Premium Research: Industry Analysis Top Peers
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