Loading...
•
Mar 31, 2024
Yelp Q1 2024 Earnings Report
Yelp's first quarter 2024 results were driven by investments in services.
Key Takeaways
Yelp's Q1 2024 net revenue increased by 7% year-over-year to $333 million. Net income increased to $14 million, representing a 4% margin, and adjusted EBITDA grew 19% year-over-year to $64 million.
Net revenue increased by 7% year-over-year to $333 million.
Net income increased from the prior year to $14 million, reflecting a 4% margin.
Adjusted EBITDA grew 19% year-over-year to $64 million.
Request-a-Quote projects increased approximately 20% year-over-year.
Forward Guidance
Yelp will host a live Q&A session today at 2:00 p.m. Pacific Time to discuss the first quarter financial results and outlook for the second quarter and full year 2024.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...