yelp ceo

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…