Annonce • 11h
Blumenthal Nordrehaug Bhowmik De Blouw LLP Files Lawsuit Against Yelp Inc., for Alleged Failure to Provide Meal Periods and Rest Breaks Blumenthal Nordrehaug Bhowmik De Blouw LLP filed a class action complaint alleging that Yelp Inc., violated the California Labor Code. The Yelp Inc, class action lawsuit, Case No. 26STCV12045, is currently pending in the Los Angeles County Superior Court of the State of California. Allegedly, Yelp Inc., failed to provide employees with accurate itemized wage statements due to missed meal breaks. This, allegedly, has resulted in violations of various California Labor codes. According to California Labor Law, companies are required to pay employees for all time worked, meaning the time during which an employee is subject to the control of an employer, including all the time the employees are permitted or suffered to permit this work. Allegedly, Defendant required their employees to work off the clock without paying them for all the time they were under Defendant's control. To the extent that the time worked off the clock does not qualify for overtime premium payment, Defendant, allegedly, failed to pay minimum wages for the time worked off the clock in violation of Cal. Lab. Code §§ 1194,1197, and 1197.1. California Labor Code § 226 provides that every employer shall furnish each of his or her employees with an accurate itemized wage statement. According to the Complaint, Plaintiff was paid on an hourly basis. Therefore, Plaintiff's wage statements should reflect all applicable pay periods in which the wages were earned pursuant to Cal. Lab. Code section 226 (a). Allegedly, the wage statements Defendant provided to Plaintiff failed to identify such information. Annonce • Apr 24
Yelp Inc. to Report Q1, 2026 Results on May 07, 2026 Yelp Inc. announced that they will report Q1, 2026 results After-Market on May 07, 2026 Annonce • Apr 23
Yelp Launches the New Yelp Assistant, Transforming Local Discovery from Search to Answers and Actions Yelp Inc. announced its Spring Product Release, introducing more than 35 new features and updates that transform how consumers discover, connect and get things done with local businesses. New integrations with Vagaro, Zocdoc and Calendly expand scheduling capabilities across more categories on Yelp. The release unveils the new Yelp Assistant, an AI-powered chatbot that delivers instant answers, reliable recommendations and seamless booking—from restaurant reservations to beauty appointments—all in one conversation. New integrations with Vagaro, Zocdoc and Calendly expand scheduling capabilities across more categories on Yelp, while enhancements to AI-powered Menu Vision make deciding what to order more visual and engaging. The release also introduces new tools for advertisers, including an AI-powered support chatbot and enhanced advertising tools. New and existing integrations make it easy to go from discovery to doing, directly from the app: Reserve a table at thousands of restaurants that use Yelp Guest Manager for table booking, with the ability to join a Yelp Waitlist coming soon. Order takeout or delivery from more than half a million restaurants through DoorDash, Yelp’s preferred partner, as well as Grubhub and other food delivery platforms. Request a quote from professionals across more than 450 categories, including home, local, auto, beauty, pet and event services. Book appointments through integrations with Vagaro on iOS for beauty, wellness and fitness businesses, Zocdoc on iOS for healthcare providers, RepairPal for auto shops and, later this summer, Calendly for service professionals. The new integrations available through Yelp Assistant are now also accessible throughout the Yelp app, making it easier than ever for consumers to take action across the platform. New partnerships with Vagaro, Zocdoc and Calendly bring booking, ordering and scheduling capabilities to more categories. Vagaro: Consumers can now book beauty and wellness appointments—such as haircuts, massages and nail services—on Yelp through a new integration with Vagaro, a salon, spa and fitness marketplace. Available on iOS, the Vagaro integration will be available on Android and desktop later this year. Zocdoc: For the first time, consumers can go from finding to booking a doctor on Yelp through a new integration with Zocdoc, the healthcare access platform that connects patients to care. Available on iOS, the Zocdoc integration will be coming to Android and desktop later this year. Calendly: Service professionals can now connect their Calendly schedules to Yelp, allowing consumers to book consultations and appointments seamlessly. Annonce • Apr 21
Yelp Inc., Annual General Meeting, Jun 05, 2026 Yelp Inc., Annual General Meeting, Jun 05, 2026. Annonce • Feb 13
Yelp Inc. Provides Earnings Guidance for the Year 2026 Yelp Inc. provided earnings guidance for the year 2026. The company expects 2026 Net Revenue will be in the range of $1.455 billion to $1.475 billion as Yelp continues to invest in its AI transformation. Annonce • Jan 30
Yelp Inc. to Report Q4, 2025 Results on Feb 12, 2026 Yelp Inc. announced that they will report Q4, 2025 results After-Market on Feb 12, 2026 Annonce • Jan 22
Yelp Inc. (NYSE:YELP) agreed to acquire Hatchify Inc. for $270 million. Yelp Inc. (NYSE:YELP) agreed to acquire Hatchify Inc. for $270 million on January 21, 2026. Under the terms of the agreement, Yelp will acquire Hatch for approximately $270 million in cash with an additional $30 million of employee retention to be paid out over two to three years. Upon the closing of the transaction, Hatch will be a wholly owned subsidiary of Yelp. As of November 2025, Hatch had achieved approximately $25 million in annual recurring revenue.
The transaction is expected to close in early February, subject to customary closing conditions. Annonce • Nov 07
Yelp Inc. Updates Earnings Guidance for the Year 2025 Yelp Inc. updated earnings guidance for the year 2025. The company is lowering outlook range for the full year. Company now expected net revenue will be in the range of $1.460 billion to $1.465 billion, reflecting a decrease of $8 million at the midpoint. Annonce • Oct 24
Yelp Inc. to Report Q3, 2025 Results on Nov 06, 2025 Yelp Inc. announced that they will report Q3, 2025 results After-Market on Nov 06, 2025 Annonce • Oct 21
Yelp Expands AI Features to Make Local Discovery More Conversational, Visual and Seamless Yelp Inc. announced its most significant AI update yet as part of its 2025 Fall Product Release. Introducing more than 35 new features and updates, Yelp's latest release continues to transform the experience with AI to make local discovery more conversational and personalized. Yelp Assistant will now answer any question about a restaurant, bar, local attraction, retailer and more. Menu Vision will let diners scan menus with their phone camera to see photos and reviews of dishes. The AI can answer inquiries, ask intelligent follow-ups, take and summarize messages, transfer calls and filteram. Designed with a proprietary multi-provider voice AI stack, the solutions are built for speed, natural conversation and business-level customization. Yelp Host is available now for table-service restaurants and integrates with Yelp Guest Manager to manage reservations, waitlists, and SMS follow-ups. Pricing starts at $149 per month ($99 per month for Yelp Guest Manager customers). Restaurants can sign up directly in the "Yelp Host" tab when logged into their Yelp for Business account. Eligible businesses can sign up in the "Yelp Receptionist" tab when logged into theirYelp for Business account. El Elp Receptionist is available now for table- service restaurants and integrates with Yelp guest Manager to manage reservations, waitlist, and SMS follow-ups". Pricing starts at $149 permonth ($99 per month for Yelp guest Manager customers). restaurants can sign up directly in the 'Yelp Host' tab when logged into their Yelp For Business account. Eligible businesses will sign up in the "YELp Receptionist" tab during logged into their Yelp for Business Account. Additional features and updates from Yelp's 2025 Fall Product Release: Menu Vision uses AI, augmented reality and text recognition to read menus via consumers' phone cameras and surface dish photos and review snippets, helping diners decide what to order while at a restaurant. Rolling out on iOS and Android, it's available at the top of the media gallery on eligible restaurant, food and nightlife business pages; a more visual Menu Vision experience arrives early next year. Natural language search lets users search with conversational, full-sentence queries, returning more relevant, intent-driven results. Using LLMs, it pairs review mentions with photos to surface the most frequently mentioned items, services or experiences on business pages. It's available on desktop and iOS for select categories, with Android coming soon. Since acquiring RepairPal in November 2024, the company is now integrating RepairPal's booking system into Yelp search results and business pages to make it easier to schedule appointments with auto shops. AI-grouped before and after photos help showcase a business's work for more than 100 visually driven services on desktop business pages; available on iOS in the coming months. Review Insights is now expanding to services categories on iOS business pages, using LLMs to analyze reviewer sentiment on aspects like customer experience, pricing, facilities and job quality--with scores displayed above reviews to help consumers quickly find these details. With these new updates and features, Yelp aims to build on its foundation of trusted content and further enhance the way consumers and businesses connect in a more conversational and seamless experience. Annonce • Sep 19
Yelp Inc. Appoints Logan Green to the Nominating Committee, Effective September 12, 2025 Yelp Inc. announced that on September 12, 2025, the Board, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Logan Green to the Nominating Committee, effective immediately. Annonce • Aug 26
Yelp Inc. Appoints Logan Green as an Independent Director, Effective August 19, 2025 Yelp Inc.'s board of directors on August 19, 2025 upon the recommendation of the Nominating and Corporate Governance Committee of the Board, increased the size of the Board from eight to nine directors and appointed Logan Green to fill the newly created directorship, effective immediately. Mr. Green will serve as an independent director until the Company’s 2026 Annual Meeting of Stockholders and until his successor has been duly elected and qualified, or until his earlier death, resignation or removal. The Board expects to appoint Mr. Green to one or more of its committees, with such committee assignment(s) to be determined at a later date. Annonce • Aug 08
Yelp Inc. Updates Earnings Guidance for the Fiscal Year 2025 Yelp Inc. updated earnings guidance for the fiscal year 2025. The company narrows range of 2025 Net Revenue outlook to $1.465 billion to $1.475 billion. Annonce • Jul 25
Yelp Inc. to Report Q2, 2025 Results on Aug 07, 2025 Yelp Inc. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 Annonce • May 09
Yelp Inc. Updates Earnings Guidance for the Year 2025 Yelp Inc. updates earnings guidance for the year 2025. For the period, the company expects Net Revenue outlook to the range of $1.465 billion to $1.485 billion. Annonce • Apr 28
Yelp Inc., Annual General Meeting, Jun 13, 2025 Yelp Inc., Annual General Meeting, Jun 13, 2025. Annonce • Apr 25
Yelp Inc. to Report Q1, 2025 Results on May 08, 2025 Yelp Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Annonce • Mar 28
Yelp Inc. Announces Not to Stand Re-Election of Chris Terrill from the Board On March 25, 2025, Chris Terrill notified the board of directors of Yelp Inc. to his decision not to stand for reelection to the Board at the Company’s 2025 annual meeting of stockholders. Mr. Terrill will remain a member of the Board and the Nominating and Corporate Governance Committee of the Board until the Annual Meeting, with his resignation from such positions to be effective upon the election of directors at the Annual Meeting. Annonce • Feb 14
Yelp Inc. Provides Earnings Guidance for the Year 2025 Yelp Inc. provided earnings guidance for the year 2025. The company expects 2025 Net Revenue will be in the range of $1.470 billion to $1.485 billion as Yelp continues working to deliver the leading product experience in Services for consumers and service pros. Annonce • Jan 31
Yelp Inc. to Report Q4, 2024 Results on Feb 13, 2025 Yelp Inc. announced that they will report Q4, 2024 results After-Market on Feb 13, 2025 Annonce • Dec 10
Yelp Inc. Unveils A Series of New Ai-Powered Features to Enhance Discovery and Connection with Local Businesses Yelp Inc. announced its end-of-year product release featuring more than 20 new updates designed to enhance the user experience for both consumers and business owners. Yelp's latest product release includes AI-driven features, such as Review Insights that surface reviewer sentiment for common topics, a personalized home feed with even more user content, and enhancements to Yelp Assistant, the AI chatbot that connects consumers with service pros. Yelp also announced AI-powered improvements to the business owner experience with features like job summaries that help manage their inbox and a smart selection tool that automatically optimizes ad performance. Yelp introduced new and improved ways to discover, learn about, and connect with local businesses with new features across the home feed and business pages on Yelp. AI-powered Review Insights: New Review Insights use large language models to analyze and summarize reviewer sentiment on various aspects of a business, such as food quality, service, and ambiance. Insights are displayed above a business's reviews as aggregated sentiment scores for each topic--positive, neutral, and critical--ranging from 1 to 100. New attributes include whether the business has a "no tipping" policy, if tipping is optional, if gratuity is automatically applied to the bill, and more. Leveraging AI, Yelp enhanced the services experience to simplify connections between consumers and service pros. Enhanced Yelp Assistant refines pro communication with project editing and broadcasting: Yelp Assistant, an AI chatbot that connects user with pros, now supports text and call requests from service pros on iOS, while masking the consumer's phone number for their privacy. Users can also find Yelp Assistant through new conversational prompts on search results pages on iOS in addition to the Projects tab across all platforms. Additionally, new project editing and broadcasting makes it easy to edit and automatically relay revised project details to multiple services pros at once for the most accurate quotes. AI-enhanced business owner inbox: In the coming weeks,service professionals will have an enhanced inbox that will help them manage leads more efficiently with redesigned job cards that feature AI-powered summaries, highlighting crucial job information for easy evaluation. Smart selection: The new AI-powered smart selection helps Yelp advertisers automatically test the best reviews and photos to showcase, optimizing their ads for the highest return on ad spend. New competitive insights and enhanced support: A new competitor measurement tool on the Yelp for Business page allows business owners to compare their Yelp page performance with up to three competitors of their choice, helping better inform their growth strategies. Annonce • Nov 28
Yelp Inc. (NYSE:YELP) completed the acquisition of RepairPal Inc. Yelp Inc. (NYSE:YELP) entered into an agreement to acquire RepairPal Inc. for approximately $80 million on November 6, 2024. Over the twelve months ended August 31, 2024, RepairPal generated approximately $30 million in revenue. This acquisition is expected to close by the end of the year, subject to customary closing conditions. Sam Angus, Scott Behar, Joseph Schenck, Shawn Lampron, William Skinner and Ana Razmamzma of Fenwick & West LLP acted as legal advisor to RepairPal Inc.
Yelp Inc. (NYSE:YELP) completed the acquisition of RepairPal Inc. on November 26, 2024. Recent Insider Transactions • Nov 16
Chief People Officer recently sold €462k worth of stock On the 12th of November, Carmen Amara sold around 13k shares on-market at roughly €35.97 per share. This transaction amounted to 88% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.2m more than they bought in the last 12 months. Annonce • Nov 09
Yelp Inc. Provides Earnings Guidance for the Full Year 2024 Yelp Inc. provided earnings guidance for the full year 2024. For the year, the company expects net revenue will be in the range of $1.397 billion to $1.402 billion, a decrease of $18 million at the midpoint. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: US$0.57 (vs US$0.84 in 3Q 2023) Third quarter 2024 results: EPS: US$0.57 (down from US$0.84 in 3Q 2023). Revenue: US$360.3m (up 4.4% from 3Q 2023). Net income: US$38.4m (down 34% from 3Q 2023). Profit margin: 11% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annonce • Nov 08
Yelp Inc. (NYSE:YELP) entered into an agreement to acquire RepairPal Inc. for approximately $80 million. Yelp Inc. (NYSE:YELP) entered into an agreement to acquire RepairPal Inc. for approximately $80 million on November 7, 2024. Over the twelve months ended August 31, 2024, RepairPal generated approximately $30 million in revenue. This acquisition is expected to close by the end of the year, subject to customary closing conditions. Annonce • Oct 25
Yelp Inc. to Report Q3, 2024 Results on Nov 07, 2024 Yelp Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Reported Earnings • Aug 09
Second quarter 2024 earnings released: EPS: US$0.56 (vs US$0.21 in 2Q 2023) Second quarter 2024 results: EPS: US$0.56 (up from US$0.21 in 2Q 2023). Revenue: US$357.0m (up 5.9% from 2Q 2023). Net income: US$38.0m (up 158% from 2Q 2023). Profit margin: 11% (up from 4.4% in 2Q 2023). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 9.6% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Annonce • Aug 09
Yelp Inc. Provides Earnings Guidance for the Year 2024 Yelp Inc. provided earnings guidance for the year 2024. For the year, the company expected net revenue will be in the range of $1.410 billion to $1.425 billion. Annonce • Jul 26
Yelp Inc. to Report Q2, 2024 Results on Aug 08, 2024 Yelp Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Annonce • Jul 03
Yelp Inc.(NYSE:YELP) dropped from Russell 2000 Dynamic Index Yelp Inc.(NYSE:YELP) dropped from Russell 2000 Dynamic Index Recent Insider Transactions • May 22
Chief People Officer recently sold €524k worth of stock On the 16th of May, Carmen Amara sold around 15k shares on-market at roughly €34.96 per share. This transaction amounted to 77% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0.21 (vs US$0.017 loss in 1Q 2023) First quarter 2024 results: EPS: US$0.21 (up from US$0.017 loss in 1Q 2023). Revenue: US$332.8m (up 6.5% from 1Q 2023). Net income: US$14.2m (up US$15.3m from 1Q 2023). Profit margin: 4.3% (up from net loss in 1Q 2023). Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 9.8% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Annonce • Apr 30
Yelp Inc. Announces Spring Product Release Featuring New Ai-Powered Yelp Assistant Yelp Inc. announced its Spring Product Release with more than 15 updates and features that transform the way consumers and businesses connect. In Yelp's most significant services product update to date, the company unveiled Yelp Assistant, a new conversational AI feature that will make it easier than ever for consumers to find and hire service professionals. The company also introduced the new Yelp Fusion AI API, which will bring Yelp's trusted content to third-party platforms via natural language search, as well as a revamped Yelp Guest Manager experience that helps restaurants improve efficiency, seat more diners, and enhance guest experiences. Annonce • Apr 28
Yelp Inc. to Report Q1, 2024 Results on May 09, 2024 Yelp Inc. announced that they will report Q1, 2024 results After-Market on May 09, 2024 Annonce • Mar 29
Yelp Inc. Announces Board Changes, Effective March 29, 2024 Yelp Inc. announced the appointment of Dan Jedda, chief financial officer of Roku Inc., to its Board of Directors, effective March 29, 2024. This appointment coincides with the departure of George Hu, who will be stepping down from the Yelp Board of Directors on the same date after dedicating over five years of service as a director and as a member of the Compensation Committee of the Board. Jedda has served as the chief financial officer at Roku, since May 2023. Prior to joining Roku, he served as the chief financial officer at Stitch Fix Inc., and spent 15 years at Amazon.com Inc., where he notably contributed as vice president and chief financial officer for digital video, digital music, and advertising. He holds a B.S. in accounting and finance from the University of St. Thomas and a M.B.A. from the University of Minnesota. New Risk • Feb 18
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. This is currently the only risk that has been identified for the company. Reported Earnings • Feb 16
Full year 2023 earnings released: EPS: US$1.43 (vs US$0.51 in FY 2022) Full year 2023 results: EPS: US$1.43 (up from US$0.51 in FY 2022). Revenue: US$1.34b (up 12% from FY 2022). Net income: US$99.2m (up 173% from FY 2022). Profit margin: 7.4% (up from 3.0% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Annonce • Feb 16
Yelp Inc. Provides Earnings Guidance for the Year 2024 Yelp Inc. provided earnings guidance for the year 2024. For the year, the company expected net revenue will be in the range of $1.42 billion to $1.44 billion. Annonce • Feb 02
Yelp Inc. to Report Q4, 2023 Results on Feb 15, 2024 Yelp Inc. announced that they will report Q4, 2023 results After-Market on Feb 15, 2024 Annonce • Jan 30
Yelp Inc. Releases New Discovery, Contribution, Services and AI-Powered Features Yelp Inc. announced its Winter Product Release with more than 20 new features that elevate the Yelp experience for both consumers and business owners. The company is releasing new AI-powered business summaries that make it even easier for people to find a business that fits their needs at a glance and new Recognitions celebrate and distinguish reviewers who are passionate about a specific food, cuisine or nightlife category. A new AI-powered visual home feed and updated search experience enhance discovery, helping consumers quickly and easily find their new favorite restaurant. While new updates to the services experience, including enhancements to Request a Quote and new 'Projects' features, help simplify finding the right service professional for their needs. Lastly, new data-driven features for business owners and advertisers on the Yelp for Business experience surface unique insights that help them grow and succeed on Yelp. Enhancing the business discovery and review experience on Yelp. In 2023, tens of millions of reviews, photos and videos were contributed to Yelp. With its commitment to delivering helpful and reliable content, the platform continues to build new features to engage users and inspire them to contribute high-quality content. New AI-powered home feed: Yelp's new home feed experience on iOS uses AI to help consumers discover new businesses in their community -- surfacing relevant user photos, Collections from Yelp Elites and video content from nearby businesses. Review topics light up green when common themes are covered in reviews to remind reviewers of helpful details that other people would want to know about. Streamlining the services experience and connecting people with pros faster. With millions of projects started on Yelp every year, the company's latest updates make it easier and more seamless to confidently find and hire service professionals. New 'Projects' features:Yelp is adding a series of new features to the 'Projects' experience to simplify hiring service professionals, including the ability to upload videos and provide documentation for projects, archive old projects, send quick replies with one-click responses and more. Consumers can also opt-in to receive SMS messages directly from businesses to help coordinate and complete their projects without having to open the Yelp app or log into their account. Yelp Guaranteed expands nationwide: The company's satisfaction guarantee program, Yelp Guaranteed, is available nationwide, allowing people to get up to $2,500 back in the event something goes wrong with their project. Revamping the Yelp for Business experience: Yelp is rolling out new product enhancements that provide valuable insights to businesses, helping them make strategic and informed decisions to better reach relevant consumers and grow their business. This includes data on the neighborhoods where the most consumers are searching for the services they offer, trending search terms in their area, performance comparisons to similar businesses and more. Reported Earnings • Nov 04
Third quarter 2023 earnings released: EPS: US$0.84 (vs US$0.13 in 3Q 2022) Third quarter 2023 results: EPS: US$0.84 (up from US$0.13 in 3Q 2022). Revenue: US$345.1m (up 12% from 3Q 2022). Net income: US$58.2m (up US$49.1m from 3Q 2022). Profit margin: 17% (up from 2.9% in 3Q 2022). The increase in margin was primarily driven by higher revenue. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 10.0% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 27% per year, which means it is significantly lagging earnings growth. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 4 highly experienced directors. Independent Director Chris Terrill was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annonce • Oct 20
Yelp Inc. to Report Q3, 2023 Results on Nov 02, 2023 Yelp Inc. announced that they will report Q3, 2023 results After-Market on Nov 02, 2023 Recent Insider Transactions • Sep 15
Co-Founder recently sold €420k worth of stock On the 8th of September, Jeremy Stoppelman sold around 10k shares on-market at roughly €42.00 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €494k. Jeremy has been a net seller over the last 12 months, reducing personal holdings by €474k. Recent Insider Transactions • Aug 18
Chief People Officer recently sold €494k worth of stock On the 14th of August, Carmen Orr sold around 12k shares on-market at roughly €39.63 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €847k more than they bought in the last 12 months. New Risk • Aug 08
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 25% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.4% average weekly change). Large one-off items impacting financial results. Reported Earnings • Aug 04
Second quarter 2023 earnings released: EPS: US$0.21 (vs US$0.11 in 2Q 2022) Second quarter 2023 results: EPS: US$0.21 (up from US$0.11 in 2Q 2022). Revenue: US$337.1m (up 13% from 2Q 2022). Net income: US$14.7m (up 84% from 2Q 2022). Profit margin: 4.4% (up from 2.7% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Interactive Media and Services industry in Germany. Over the last 3 years on average, earnings per share has increased by 76% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Annonce • Jul 23
Yelp Inc. to Report Q2, 2023 Results on Aug 03, 2023 Yelp Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Annonce • May 24
TCS Capital Calls on Yelp to Explore Sale or Merger with Angi Activist investor TCS Capital Management, LLC on May 23, 2023 urged Yelp Inc. (NYSE:YELP) to either explore a sale or a merger with online-services company Angi Inc. (NasdaqGS:ANGI), sending shares of the service-recommendation site 10% higher in premarket trading. TCS Capital, which is one of Yelp's top shareholders with a stake of more than 4%, said the company was "shockingly undervalued". "As a former board member and longtime investor in ANGI, I believe that a Yelp and ANGI combination would yield enormous revenue synergies and cost savings that could ultimately double the value of Yelp's shares," said Eric Semler, TCS Capital's founder wrote in a letter. Alternatively, Semler suggested that Yelp could be sold for at least $70 per share, or more than double the current stock price. Shares of Yelp were up at $36.03 in premarket trading on May 23, 2023. A Yelp spokesperson said the company "maintains an active dialogue with our shareholders and values constructive feedback on our business and ways to create value". Angi did not immediately respond to a request for comment. Recent Insider Transactions • May 24
Chief People Officer recently sold €240k worth of stock On the 18th of May, Carmen Orr sold around 8k shares on-market at roughly €30.01 per share. This transaction amounted to 45% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €299k more than they bought in the last 12 months. Annonce • May 23
TCS Capital Management Calls on Yelp to Explore Sale On May 22, 2023, TCS Capital Management announced that it has built a stake in Yelp Inc. and is urging it to explore strategic options including a sale. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €30.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 17x in the Interactive Media and Services industry in Europe. Total returns to shareholders of 54% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €60.18 per share. Annonce • May 06
Yelp Inc. Provides Earnings Guidance for Second Quarter and Full Year 2023 Yelp Inc. provided earnings guidance for second quarter and full year 2023. For the quarter company now expects Net revenue $320 million to $330 million.For the full year, company expects net revenue to be $1.295 billion to $1.315 billion. Reported Earnings • May 05
First quarter 2023 earnings released: US$0.017 loss per share (vs US$0.013 loss in 1Q 2022) First quarter 2023 results: US$0.017 loss per share (further deteriorated from US$0.013 loss in 1Q 2022). Revenue: US$312.4m (up 13% from 1Q 2022). Net loss: US$1.18m (loss widened 29% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Feb 22
Chief Financial Officer recently sold €59k worth of stock On the 15th of February, David Schwarzbach sold around 2k shares on-market at roughly €29.45 per share. This transaction amounted to 4.7% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was David's only on-market trade for the last 12 months. Reported Earnings • Feb 10
Full year 2022 earnings released: EPS: US$0.51 (vs US$0.53 in FY 2021) Full year 2022 results: EPS: US$0.51 (down from US$0.53 in FY 2021). Revenue: US$1.19b (up 16% from FY 2021). Net income: US$36.3m (down 8.4% from FY 2021). Profit margin: 3.0% (down from 3.8% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Annonce • Feb 10
Yelp Inc. Provides Revenue Guidance for the Year 2023 Yelp Inc. provided revenue guidance for the year 2023. For the year, the company expects net revenue will be in the range of $1.29 billion to $1.31 billion. Annonce • Jan 27
Yelp Inc. to Report Q4, 2022 Results on Feb 09, 2023 Yelp Inc. announced that they will report Q4, 2022 results After-Market on Feb 09, 2023 Valuation Update With 7 Day Price Move • Nov 12
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €29.00, the stock trades at a forward P/E ratio of 28x. Average forward P/E is 21x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 6.3% over the past three years. Reported Earnings • Nov 05
Third quarter 2022 earnings released: EPS: US$0.13 (vs US$0.24 in 3Q 2021) Third quarter 2022 results: EPS: US$0.13 (down from US$0.24 in 3Q 2021). Revenue: US$308.9m (up 15% from 3Q 2021). Net income: US$9.11m (down 50% from 3Q 2021). Profit margin: 2.9% (down from 6.7% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Interactive Media and Services industry in Europe. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Aug 05
Second quarter 2022 earnings released: EPS: US$0.11 (vs US$0.056 in 2Q 2021) Second quarter 2022 results: EPS: US$0.11 (up from US$0.056 in 2Q 2021). Revenue: US$298.9m (up 16% from 2Q 2021). Net income: US$8.01m (up 90% from 2Q 2021). Profit margin: 2.7% (up from 1.6% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.9%, compared to a 16% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 2% per year whereas the company’s share price has fallen by 2% per year. Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improved over the past week After last week's 16% share price gain to €30.40, the stock trades at a forward P/E ratio of 54x. Average forward P/E is 23x in the Interactive Media and Services industry in Europe. Total loss to shareholders of 2.2% over the past three years. Reported Earnings • May 06
First quarter 2022 earnings released: US$0.013 loss per share (vs US$0.077 loss in 1Q 2021) First quarter 2022 results: US$0.013 loss per share (up from US$0.077 loss in 1Q 2021). Revenue: US$276.6m (up 19% from 1Q 2021). Net loss: US$915.0k (loss narrowed 84% from 1Q 2021). Over the next year, revenue is forecast to grow 11%, compared to a 25% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Reported Earnings • Feb 11
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: US$0.53 (up from US$0.27 loss in FY 2020). Revenue: US$1.03b (up 18% from FY 2020). Net income: US$39.7m (up US$59.1m from FY 2020). Profit margin: 3.8% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 12%, compared to a 36% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 05
Third quarter 2021 earnings released: EPS US$0.24 (vs US$0.014 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: US$269.2m (up 22% from 3Q 2020). Net income: US$18.1m (up US$19.1m from 3Q 2020). Profit margin: 6.7% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Aug 26
Chief Product Officer recently sold €184k worth of stock On the 23rd of August, Vivek Patel sold around 6k shares on-market at roughly €31.98 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €353k more than they bought in the last 12 months. Reported Earnings • Aug 06
Second quarter 2021 earnings released: EPS US$0.056 (vs US$0.33 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: US$257.2m (up 52% from 2Q 2020). Net income: US$4.21m (up US$28.2m from 2Q 2020). Profit margin: 1.6% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Reported Earnings • May 07
First quarter 2021 earnings released: US$0.077 loss per share (vs US$0.22 loss in 1Q 2020) The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: US$232.1m (down 7.1% from 1Q 2020). Net loss: US$5.80m (loss narrowed 63% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Mar 01
Full year 2020 earnings released: US$0.27 loss per share (vs US$0.55 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$872.9m (down 14% from FY 2019). Net loss: US$19.4m (down 148% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Mar 01
Revenue beats expectations Revenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 14%, compared to a 45% growth forecast for the Interactive Media and Services industry in Germany. Is New 90 Day High Low • Feb 25
New 90-day high: €31.95 The company is up 13% from its price of €28.31 on 26 November 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €61.33 per share. Reported Earnings • Feb 11
Full year 2020 earnings released: US$0.27 loss per share (vs US$0.55 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: US$872.9m (down 14% from FY 2019). Net loss: US$19.4m (down 148% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 88% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue beats expectations Revenue exceeded analyst estimates by 0.5%. Over the next year, revenue is forecast to grow 14%, compared to a 35% growth forecast for the Interactive Media and Services industry in Germany. Is New 90 Day High Low • Jan 29
New 90-day high: €29.27 The company is up 77% from its price of €16.55 on 30 October 2020. The German market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €35.31 per share. Recent Insider Transactions • Nov 22
Chief Administrative Officer recently sold €168k worth of stock On the 18th of November, Laurence Wilson sold around 6k shares on-market at roughly €26.41 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €555k more than they bought in the last 12 months. Is New 90 Day High Low • Nov 11
New 90-day high: €20.18 The company is up 2.0% from its price of €19.84 on 12 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Interactive Media and Services industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.13 per share. Analyst Estimate Surprise Post Earnings • Nov 07
Revenue beats expectations Revenue exceeded analyst estimates by 8.9%. Over the next year, revenue is forecast to grow 2.4%, compared to a 34% growth forecast for the Interactive Media and Services industry in Germany. Reported Earnings • Nov 07
Third quarter 2020 earnings released: US$0.014 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: US$220.8m (down 16% from 3Q 2019). Net loss: US$1.02m (down 110% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings.