Key Developments: Yelp Inc (YELP.N)
30.97USD
20 May 2013
$0.18 (+0.58%)
$30.79
$30.80
$32.88
$30.58
304,977
198,962
$32.88
$14.13
Latest Key Developments (Source: Significant Developments)
Yelp Inc Issues Q2 2013 Guidance; Revenue Above Analysts' Estimates; Raises FY 2013 Guidance
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 for the second quarter of 2013; revenues of $212 million and EBITDA of $21 million for fiscal 2013. Full Article
Yelp Inc Reaffirms FY 2013 Guidance-Conference Call
Yelp Inc announced that for fiscal 2013, it expects revenue guidance in the range of $210 million to $212 million and adjusted EBITDA to be $20 to $22 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $212 million and EBITDA of $21 million for fiscal 2013. Full Article
Yelp Inc Issues FY 2013 Guidance Above Analysts' Estimates; Issues Q1 2013 Guidance; EBITDA Guidance Below Analysts' Estimates
Yelp Inc announced that for the first quarter of 2013, net revenue is expected to be in the range of $44.0 million - $44.5 million representing growth of approximately 62% compared to the first quarter of 2012. Adjusted EBITDA is expected to be in the range of $1.25 million -$1.50 million. For fiscal 2013, net revenue is expected to be in the range of $210 million - $212 million, representing growth of approximately 53% compared to fiscal 2012. Adjusted EBITDA is expected to be in the range of $20 million to $22 million. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $43.83 million and EBITDA of $2.77 for the first quarter of 2013; revenues of $207 million and EBITDA of $21 million for fiscal 2013. Full Article
Yelp Inc Reaffirms Q4 2012 Revenue Guidance-Conference Call
Yelp Inc announced that for the fourth quarter of 2012, it expects revenue to be in the range of $40 million to $40.5 million. According to I/B/E/S Estimates, analysts were expecting the Company to report revenue of $40.3 million for the fourth quarter of 2012. Full Article
Yelp Inc Issues Q4 2012 Guidance; Updates FY 2012 Guidance
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. Full Article
Yelp! Inc Issues Q3 2012 Guidance Above Analysts' Estimates; Raises FY 2012 Guidance
Yelp! Inc announced that for third quarter of 2012, it expects net revenue to be in the range of $34.5-$35.5 million and adjusted EBITDA to be in the range of $750,000-$1.25 million. For fiscal 2012, it expects net revenue to be in the range of $135-$136 million and adjusted EBITDA to be in the range of $3-$4 million. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $34.3 million and EBITDA of $0.6 million for third quarter of 2012; revenue of $130.7 million and EBITDA of $0.28 million for fiscal 2012. Full Article
Yelp! Inc Issues Q2 2012 Guidance In line With Analysts' Estimates; Issues FY 2012 Guidance Above Analysts' Estimates
Yelp! Inc announced that for the second quarter of 2012, revenue is expected to be in the range of $29-$31 million. Adjusted EBITDA is expected to be a loss in the range of $(500,000) to $(800,000). For fiscal 2012, revenue is expected to be in the range of $128-$132 million, adjusted EBITDA is expected to be breakeven to slightly positive. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $29 million and EBITDA of $(0.66) for the second quarter of 2012; revenues of $124 million and EBITDA of $(0.09) for fiscal 2012. Full Article
Yelp! Inc Prices Initial Public Offering
Yelp! Inc announced today the pricing of its initial public offering of 7,150,000 shares of Class A common stock at a price to the public of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the ticker symbol "YELP" on Friday, March 2, 2012. A total of 7,100,000 shares are being offered by Yelp, and a total of 50,000 shares are being offered by a selling stockholder, The Yelp Foundation. In addition, the underwriters have an option to purchase up to an additional 1,072,500 shares from Yelp. Yelp will not receive any proceeds from the sale of shares by the selling stockholder. Goldman, Sachs & Co. is the lead bookrunning manager and representative of the underwriters for the offering. Citigroup Global Markets Inc. and Jefferies & Company, Inc. are joint bookrunning managers, and Allen & Company LLC and Oppenheimer & Co. Inc. are co-managers for the offering. Full Article
Yelp loss narrows as advertising grows
- Consumer review website Yelp Inc reported quarterly results ahead of analysts' estimates, helped by strength in its local and mobile advertising businesses, and it forecast second-quarter revenue above expectations.
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