Yelp, the local recommendations company, has filed an antitrust suit against Google, claiming that the company's dominance in search allows it to engage in unfair business practices against local-search competitors.Yelp features reviews and information such as menus and operating hours for businesses such as restaurants and cleaning services. It filed suit against Google in a San Francisco federal court.In a post on its website, Yelp CEO Jeremy Stoppelman said, "Abandoning its stated mission to deliver the ...

Yelp slapped Google with an antitrust lawsuit that accuses the search giant of leveraging an illegal monopoly to promote its own reviews at the expense of rivals – just weeks after a federal judge ruled that the Big Tech company was a “monopolist.”The lawsuit claims Google relies on its dominant hold on general search to “divert traffic away from those rivals and toward Google’s own inferior local search product,” according to the complaint filed in federal court in San Francisco on Wednesday.Yelp, a longti ...

The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use fundamental analysis and t ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...

Michael Vi The old adage told in children's stories that the "slow and steady" tortoise will win out over the overtiring hare is perhaps an apt analogy for today's stock market, which has seen massive recent outflows from growth stocks, particularly in AI. Amid heightened volatility, investors should be doubling down on value names that are still touting attractive growth drivers, and Yelp Inc. (NYSE:YELP), in my view, is one of those stocks. The company recently reported great Q2 results, a "beat and raise ...

Table of Contents _____________________________________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________________________________________________________________ Form 10-Q ______________________________________________________________________________________________________ ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarte ...

Yelp Inc. (YELP) reported second-quarter 2024 results, wherein both earnings and revenues beat the Zacks Consensus Estimate and marked a significant year-over-year improvement.The company reported second-quarter earnings of 54 cents per share, which beat the Zacks Consensus Estimate of 23 cents. Yelp’s earnings significantly improved from the year-ago quarter’s 21 cents. The year-over-year improvement reflected benefits of disciplined cost management.Yelp’s revenues increased 6% year over year to $357 milli ...

Yelp (YELP) reported $357.02 million in revenue for the quarter ended June 2024, representing a year-over-year increase of 5.9%. EPS of $0.54 for the same period compares to $0.21 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $352.91 million, representing a surprise of +1.16%. The company delivered an EPS surprise of +134.78%, with the consensus EPS estimate being $0.23.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

Yelp (YELP) came out with quarterly earnings of $0.54 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $0.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 134.78%. A quarter ago, it was expected that this online business reviews company would post earnings of $0.04 per share when it actually produced earnings of $0.20, delivering a surprise of 400%.Over the last four quarters, ...

Yelp Inc. (NYSE:YELP) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET Company Participants Kate Krieger - Director, IR Jeremy Stoppelman - CEO David Schwarzbach - CFO Jed Nachman - COO Conference Call Participants Eric Sheridan - Goldman Sachs Cal Bartyzal - Craig-Hallum Capital Group Colin Sebastian - Baird Sergio Segura - KeyBanc Josh Beck - Raymond James Dion Lee - Evercore Georgia Anderson - Wolfe Research Operator Hello, and welcome to the Q2 2024 Yelp, Inc. Earnings Conference Call. [Operat ...