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Yelp Inc Issues Q4 2012 Guidance; Updates FY 2012 Guidance


Thursday, 1 Nov 2012 04:06pm EDT 

Yelp Inc announced that it is providing guidance for its fourth quarter of 2012 and updating its full year 2012 revenue and adjusted EBITDA guidance. -- For the fourth quarter of 2012, net revenue is expected to be in the range of $40.0 million -- $40.5 million representing growth of approximately 62% compared to the fourth quarter of 2011. Adjusted EBITDA is expected to be in the range of $1.25 million -$1.5 million, which excludes a one-time charge of approximately $1 million related to the Qype acquisition. -- For the full year of 2012, net revenue is expected to be in the range of $136.4 million - $136.9 million, representing growth of approximately 64% compared to the full year of 2011. Adjusted EBITDA is expected to be in the range of $3.5 million to $4.0 million, which excludes a one-time charge of $1 million related to the Qype acquisition. 

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70.62
-0.29 -0.41%
11 Jul 2014