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After-hours buzz: LinkedIn, Yelp, Gilead & more

– 1 day ago @ Yelp has just released its earnings report for the third quarter. Revenue was up 68% year-over-year at $61.2 million for the quarter. The company beat Wall Street expectations for revenue, but earnings per share weren’t as good as expected at $0.04.

– 1 day ago @ Yelp’s (NYSE:YELP) shares slid nearly 6% in after-hours trading, with much of the decline coming after the company announced plans to sell an additional $250 million in stock for additional “working capital” for the money-losing online review service.

– 1 day ago @ SAN FRANCISCO (MarketWatch) — Videogame publishers and Internet-based companies will be in the spotlight in the extended session Tuesday, in addition to biotech Gilead Sciences Inc., as the companies report quarterly earnings. Gilead Sciences …

– 11 hours ago @ But Yelp faces some problems that LinkedIn does not have to worry about. Shares of Yelp tumbled 6% after the company reported a wider-than-expected loss. The company also said it plans to sell more stock, which often worries shareholders since new …


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Mystic Maggie

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