— 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.
Get access to timely and accurate verbatim transcripts that are published within hours of the event.
Most Popular
Vail Resorts (MTN) can reward investors once it gets past market crisis
The recent travel restrictions have taken a heavy toll on the tourism industry, leaving almost all destinations deserted. Vail Resorts Inc. (NYSE: MTN), a leading operator of mountain ski resorts,
The coming months will prove to be a testing time for Boeing (BA)
Shares of Boeing Co. (NYSE: BA) were up 13% in afternoon hours on Monday. The stock is down 63% from its 52-week high of $391. As the aviation industry suffers
Wayfair (W) stock looks less attractive despite low price, thanks to market selloff
Shareholders of online furniture retailer Wayfair Inc. (NYSE: W) have been speculating about their returns for long, with the stock not making any meaningful gains in the past several months.