Yelp Earnings Top Estimates on Strong Ad Demand From Home Services Sector

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The company’s 2023 outlook, however, implies a mixed fourth-quarter forecast.

Yelp posted better-than-expected financial results and lifted its full-year guidance Thursday, driven by strong demand for advertising from service pros.

“We believe we are taking market share with that growth rate,” he says. “We’re delivering value for service pros.” The CFO also noted that overall advertising clicks were up 9% in the quarter, while cost per click was up 4%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

CVS Earnings Top Estimates but Stock Drops as Outlook Is Slashed AgainCVS revises lower its guidance range for diluted GAAP earnings per share for the third straight quarter.
Source: MarketWatch - 🏆 3. / 97 Read more »

Informatica Cuts Staff 10%, Sets New $200 Million Buyback, As Earnings Top EstimatesIt posted quarterly revenue of $408.6 million, up 10% from a year ago, and earned 27 cents a share, up four cents.
Source: MarketWatch - 🏆 3. / 97 Read more »

Airbnb Earnings Top Estimates, But Stock Slips on Light GuidanceAirbnb posted revenue of $3.4 billion, up 18% from a year ago.
Source: MarketWatch - 🏆 3. / 97 Read more »

Palantir Earnings Top Estimates Thanks to AI BoostPalantir reported revenue of $558 million, up 17% from a year ago, and an adjusted profit of 7 cents a share, a penny above the consensus.
Source: MarketWatch - 🏆 3. / 97 Read more »

Starbucks' stock soars 10% after earnings crush estimates as U.S. consumers opt for pricier drinksCompany expects EPS to grow 15% to 20% in fiscal 2024
Source: MarketWatch - 🏆 3. / 97 Read more »