Yelp Stock Falls After Q4 Loss Worse Than Expected

Shares of reviews company Yelp (YELP) were down nearly 5% in afternoon trading Thursday after the company late Wednesday posted a wider loss than Wall Street expected, despite a sales beat. San Francisco-based Yelp said it lost 8 cents per share, where analysts expected a 4-cent loss, according Thomson Reuters. Sales rose 65% to $41.2…

Yelp Earnings: 8-Cent Loss on $41.2 Million Revenue vs. Expectations of 5 …

Yelp on Wednesday reported a greater-than-expected loss for the fourth quarter as marketing expenditures grew 59 percent even as net revenue rose 65 percent. After the earnings announcement, the online review site saw its shares fall more than 5 percent in extended-hours trading. (Click here to get the latest quotes for Yelp.)Yelp reported a fourth-quarter…