Yelp Inc. (YELP – Snapshot Report) just released their fourth quarter fiscal 2015 earnings results, posting earnings of $-0.29 and revenue of $153.7 million.

Currently, YELP has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.


1. Missed earnings estimates. The company posted $-0.29, missing our Zacks Consensus Estimate of $0.66.

2. Beat revenue estimates. The company saw revenue figures of $153.7 million, surpassing our estimate of $152.5 million. This reflects 40% growth of the fourth quarter of 2014.

3. Reported that cumulative reviews grew 34% year-over-year to approximately 95 million while app unique devices grew 38% year-over-year to approximately 20 million on a monthly average basis.

4. “We are pleased with the progress we made on the key initiatives we set at the beginning of 2015,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “We have evolved to a mobile-centric company and have successfully completed our transition to a performance-based advertising business. In 2016, our priorities are to continue to build our core local advertising business, further increase engagement and awareness and grow transactions.”

5. YELP was down $2.23, or 12.32%, to $12.32 as of 2:48 PM ET in trading shortly after its earnings report was released.

Here’s a graph that looks at Yelp’s quarterly revenue and growth rate:

Yelp Inc. (YELP – Snapshot Report) Quarterly Revenue & Growth Rate | FindTheCompany

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