— Yelp Inc. (NYSE: YELP) reported its fourth-quarter 2019 earnings of $0.24 per share vs $0.26 per share expected.
— Revenue rose by 10% to $269 million versus $273.65 million expected. Results were hurt by seasonal reductions by small- and medium-sized business customers.
— David Schwarzbach, a former eBay executive, will take charge as Chief Financial Officer, effective February 14.
— Christine Barone, CEO of True Food Kitchen, will join Yelp board on March 1.
— YELP stock fell 7.1% following the announcement.