Yelp To Sell $250 Million In Secondary Offering
– 9 hours ago @ ca.finance.yahoo.com: SAN FRANCISCO, Oct. 29, 2013 /PRNewswire/ — Yelp Inc. (NYSE: YELP) announced today that it is commencing an underwritten registered public offering of approximately $250.0 million of its shares of Class …
– 8 hours ago @ yahoo.com: Yelp Inc.’s third-quarter loss widened partly due to higher taxes, overshadowing the online business review site’s robust growth on smartphones and tablets. The company also said it intends to raise …
– 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 …