Yelp Sucks

Yelp released its Q4 and full-year 2012 earnings report on Wednesday after market close. The company posted net revenue of $41.2 million for the quarter, a 65% year-over-year increase. Yelp also posted a $5.3 million net loss for Q4. Cumulative reviews grew 45% year-over-year to over 36 million by the end of the year. Average…

Today: Yelp earnings come in with larger losses than analysts expected, but CEO touts growing user base and mobile efforts. Also: Netflix (NFLX), Zynga and Shutterfly succeed on a flat day for Wall Street.Yelp misses projections, boasts of growing user baseSan Francisco online review site Yelp disappointed investors with losses larger than analysts expected Wednesday,…

Business InsiderYelp CEO Jeremy Stoppelman. See Also Is A Facebook Phone A Good Idea? How Facebook's Poke App Could Be Its Next Mobile Cash Cow Facebook Isn't Cool Anymore (And That's What It Has To Fix Today) Facebook just unveiled a new search function that people can use to search for all kinds of things,…

Question-and-Answer Session Operator (Operator Instructions) Our first question is coming from the line of Steven Ju, Credit Suisse. Steven Ju – Credit Suisse Hey, guys. So, I know historically you have talked about launching a new market at a not too fast and not too slow pace. But as the operating profit dollars from your…

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,…

Yelp's revenue and monthly unique visitors rose during its most recent quarter, but the site still reported a net loss as it funded expansion into new markets. The site, which provides information and crowdsourced reviews about local restaurants, entertainment and businesses, reported a net loss of US$5.32 million, or 8 cents per share, compared to…

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…

Today, Yelp announced its fourth-quarter earnings, and they weren’t as sunny as some had hoped. Net revenue was $41.2 million in Q4 of 2012 — a 65 percent growth in new revenue from 2011. In turn, net loss was $5.3 million, or $0.08 per share, compared to a net loss of $9.1 million, or $0.55…