Yelp Sucks

Business review website Yelp reported a wider fourth-quarter loss than analysts estimated Wednesday as it boosted spending on expansion into new markets.The net loss was $5.32 million (8 cents per share), the San Francisco company said. Analysts on average were projecting a loss of 5 cents, according to data compiled by Bloomberg. Revenue was $41.2…

In Yelp's fourth-quarter earnings call, CEO Jeremy Stoppelman dropped a lot of numbers on the progress of the local-reviews site. But here's a big one: Yelp recorded 100 million monthly unique visitors in January. Yelp still has to show it can be profitable—a hurdle it didn't clear in the fourth quarter, although its loss narrowed.…

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 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…

The company also announced its financial results for the full year ended 31 December 2012.Yelp reported a net loss of US$5.3m in the fourth quarter, or US$0.08 per share. This was compared to a net loss of US$9.1m, or US$0.56 per share, in the fourth quarter of 2011.Net revenue for the fourth quarter was US$41.2m,…

SAN FRANCISCO (AP) — Online reviews site Yelp Inc. reported a narrower fourth-quarter loss on Wednesday as visitors to its website and apps grew from a year ago, before it had gone public.The company lost $5.3 million, or 8 cents per share, in the October-December period. That compares with a loss of $9.1 million, or…

Facebook’s new Graph Search emphasizes restaurants, but Yelp CEO Jeremy Stoppelman says no competitor is going to torpedo Yelp, at least “overnight,” because the Yelp community has “generated deep, rich content” that’s difficult to replicate. Stoppelman’s remarks were directed to financial analysts today after the company announced that its fourth quarter of 2012 loss narrowed…

Yelp boss Jeremy Stoppelman. Steven E.F. Brown Web Editor- San Francisco Business Times Email  | Twitter Online restaurant review business Yelp Inc. lost $5.6 million in the fourth quarter, down from a loss of $9.1 million a year earlier in the same period. But the San Francisco company (NYSE: YELP) lost more for the full year…