October 29, 2013 / 8:18 PM / 4 years ago

Yelp's quarterly loss widens

(Reuters) - Yelp Inc (YELP.N), operator of a consumer reviews website, reported a wider quarterly loss as it spent more on marketing.

Yelp’s net loss widened to $2.3 million, or 4 cents per share, in the third quarter, from $2.0 million, or 3 cents per share, a year earlier.

Revenue rose 68 percent to $61.2 million.

Sales and marketing costs rose 60 percent to $34.1 million.

Reporting by Supantha Mukherjee in Bangalore; Editing by Maju Samuel

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below