Greg Sterling on October 22, 2014

 

This afternoon Yelp introduced revenue of $102.5 million for third quarter, which represented 67 percent increase vs. closing year. Revenues and income per share both beat Wall side road estimates. alternatively the inventory is down after hours as a result of q4 guidance wasn’t as sturdy as investors had hoped. the corporate stated it anticipated between $107 million and $108 million in this fall revenue. Full year income was once projected to be between $375 million and $376 million. beneath are some numbers from the income unencumber:

• Yelp now in 29 countries
• whole evaluations on Yelp: sixty seven million
• New critiques in Q3: 5.three million, forty five percent of which came by means of mobile gadgets
• moderate monthly distinctive guests 139 million
• average month-to-month cellular unique visitors 73 million
• active advertisers 86,200

prior this week Yelp added hotel booking to its listing of transaction/scheduling capabilities by way of Yelp Platform. the company mentioned that its booking capabilities now embody 28,000 business areas and that 50 percent of bookings occur through its cellular app.