YELP Q1 Earnings Surpass Estimates, Revenues Increase Y/Y

Yelp Inc. (YELP) reported first-quarter 2024 results, wherein earnings beat the Zacks Consensus Estimate but revenues missed the same. The top and bottom lines marked a significant year-over-year improvement.The company reported first-quarter earnings of 20 cents per share, which beat the Zacks Consensus Estimate of 4 cents. The company incurred a loss of 2 cents per share in the year-ago quarter. The year-over-year improvement in net income was due to the company's efforts in generating profit.Yelp’s reven ...