Yelp tanks more than 28% after announcing third quarter earnings

Yelp tanks more than 28% after announcing third quarter earnings

5 years ago
Anonymous $L9wC17otzH

https://www.cnbc.com/2018/11/08/yelp-tanks-after-announcing-third-quarter-earnings.html

Shares of Yelp tanked more than 28 percent Thursday after the company announced its third quarter earnings report.

The company reported revenue of $241 million for the quarter, just shy of analyst projections of $245 million. It also adjusted fourth quarter revenue guidance due to slower new account growth.

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