Categories AlphaGraphs, Earnings, Technology
Yelp (YELP) Q4 2022 earnings decline despite higher revenues
Yelp Inc (NYSE: YELP) has reported a decline in net profit for the fourth quarter of 2022 when the business information platform’s revenues increased.
The company reported a net income of $20.1 million or $0.28 per share for the December quarter, compared to $23.2 million or $0.30 per share a year earlier. Net revenues increased to $309.1 million in the latest quarter from $273.4 million in the same period of last year.
“Looking ahead, we’re confident in our plan to drive profitable growth over the long term as we deliver on our mission to connect consumers with local businesses,” said Yelp’s CEO Jeremy Stoppelman.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates
Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core
AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results
American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher
Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers
Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's
