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Yelp’s 3Q loss widens ahead of secondary offering

– 3 hours ago @ rttnews.com: Shares of Yelp, Inc. (YELP) declined 10 percent after the consumer review website reported a loss for the third quarter that widened from last year and also came in wider than analysts’ expectations. However, revenue for the quarter surged 68 percent and beat analysts’ estimates.

– 9 hours ago @ thestreet.com: Updated from 4:16 p.m. to include updated share price and news of secondary offering.NEW YORK (TheStreet) — Yelp shares fell 5.4% to $65.10 despite third-quarter revenue that beat Wall Street estimates, and the company raising 2013 revenue guidance. The company also announced it would be doing a secondary offering, as it seeks to bolster its balance sheet. The San Francisco-based online urban …

– 8 hours ago @ techcrunch.com: Yelp, the local online business and restaurant guide that has become the Web’s go-to resource for reviews of local businesses since launching in 2004, announced its 2013 third quarter earnings after the market closed this afternoon. For the second …

– 7 hours ago @ techcrunch.com: Yelp, the local online business and restaurant guide that has become the web’s go-to resource for reviews of local businesses since launching in 2004, announced its 2013 third quarter earnings after the market closed this afternoon. For the second …

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Mystic Maggie

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