YELP! INC (YELP)

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Yelp Shares Down on Guidance

Yelp beats earnings and revenue figures handily in its third-quarter earnings report, but shares were down big on weak guidance. Yelp’s revenue came in at $102.5 million, beating Wall Street consensus numbers of $99 million, with a 67% jump on a year over year basis. Earning figures were reported better than expected as well at 5 cents per share, compared to analysts’ expectations of 2 cents per share. However, Yelp’s shares were down 15% in after-hours trading after the earnings report.

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