Yelp Shares Down After Q1 Earnings Fall, Revenue Rises; Full Year Outlook Reaffirmed

MT Newswires Live

05/08

Yelp (YELP) shares were down 9% in Friday trading after the company reported lower Q1 earnings from a year earlier.

The company reported Q1 earnings Friday of $0.30 per diluted share, down from $0.36 a year earlier.

Analysts surveyed by FactSet expected $0.26.

Revenue for the quarter ended March 31 was $361.5 million, up from $358.5 million a year earlier.

Analysts polled by FactSet expected $353.5 million.

The company still expects fiscal 2026 net revenue of about $1.46 billion to $1.48 billion. Analysts surveyed by FactSet expect $1.47 billion.

Price: 25.94, Change: -2.57, Percent Change: -9.00

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