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Yelp Inc Issues Q2 2013 Guidance; Revenue Above Analysts' Estimates; Raises FY 2013 Guidance


Wednesday, 1 May 2013 04:03pm EDT 

Yelp Inc announced that for second quarter of 2013, it expects net revenue to be in the range of $52.5 million - $53.5 million representing growth of approximately 62% compared to the second quarter of 2012, Adjusted EBITDA is expected to be in the range of $4.5 million -$5.0 million. For the fiscal 2013, net revenue is expected to be in the range of $216 million - $218 million, representing growth of approximately 58% compared to fiscal 2012, Adjusted EBITDA is expected to be in the range of $21 million - $23 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $50.5 million and EBITDA of $4.92 million for the second quarter of 2013; revenues of $212 million and EBITDA of $21 million for fiscal 2013. 

Company Quote

52.47
-0.46 -0.87%
30 Jan 2015