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Wednesday, November 1, 2017

Yelp beats earnings, but outlook is bad

 Yelp, the platform which connects consumers and local businesses, posted third-quarter earnings after the bell on Wednesday. Yelp’s net revenue for the third quarter was $222.4 million, 19% growth for the same period last year. This compares to analyst estimates of $220.8 million, according to Yahoo Finance. Adjusted net income was $25.4 million, compared to $18.4 million, year-over-year. Read More


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