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Yelp Inc Issues Q4 2013 Guidance; Q4 2013 Revenue Guidance Above Analysts' Estimates; Raises FY 2013 Guidance


Tuesday, 29 Oct 2013 04:00pm EDT 

Yelp Inc announced that for the fourth quarter of 2013, net revenue is expected to be in the range of $66 million to $67 million, representing growth of approximately 62% compared to the fourth quarter of 2012. Adjusted EBITDA is expected to be in the range of $9 million to $10 million. For fiscal 2013, it expects net revenue is expected to be in the range of $228 million to $229 million, representing growth of approximately 66% compared to the fiscal 2012. Adjusted EBITDA is expected to be in the range of $28 million to $29 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $65 million and EBITDA of $9.18 million for the fourth quarter of 2013; revenues of $225 million and EBITDA of $28 million for fiscal 2013. 

Company Quote

46.48
0.34 +0.74%
22 May 2015