YELP - Yelp Q4 results mixed co guides 2023 net revenue in-line with consensus
- Yelp ( NYSE: YELP ): Q4 GAAP EPS of $0.28 misses by $0.01 .
- Revenue of $309.1M (+13.1% Y/Y) beats by $2.76M .
- Sees 2023 net revenue to be in the range of $1.29B to $1.31B. The consensus revenue estimate is $1.29B.
- Sees 2023 adj. EBITDA to be in the range of $290M to $310M.
- For 2022, total advertising revenue increased by 15% Y/Y to $1.13B.
- Paying advertising locations for 2022 increased by 7% compared to 2021.
- Ad clicks for 2022 decreased by 8% from 2021.
- Average cost per click for 2022 increased by 27% Y/Y.
- Press release
- Shares -0.1% after hours.
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Yelp Q4 results mixed, co guides 2023 net revenue in-line with consensus