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Yelp Inc Issues Q3 2013 Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Wednesday, 31 Jul 2013 04:05pm EDT 

Yelp Inc announced that for the third quarter of 2013, it expects net revenue to be in the range of $58 million to $59 million and adjusted EBITDA to be in the range of $7.5 to $8.0 million. For fiscal 2013, it expects net revenue to be in the range of $222 million to $224 million and adjusted EBITDA to be in the range of $27 million to $28 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $57 million and EBITDA of $6.7 million for the third quarter of 2013; revenues of $220 million and EBITDA of $23 million for fiscal 2013. 

Company Quote

47.79
-0.79 -1.63%
4 Mar 2015