Yelp Announces Q4 2012 Earnings: Net Revenues Was $41.2 Million, Loss Per Share Was $0.08

Posted on Feb 7 2013 - 11:25am by Editorial Staff
Yelp

Yelp

Yelp today announced its financial results for the fourth quarter and full year earnings results, ended December 31, 2012. The company reported the net revenue of $41.2 million in the fourth quarter of 2012, a growth of 65% in net revenue for the same period a year ago while the company saw cumulative reviews grew 45% year over year to more than 36 million at the end of 2012. The company saw average monthly unique visitors grew 31% year over year to approximately 86 million while active local business accounts grew 68% year over year to approximately 39,800.

The net loss the company reported in the fourth quarter was $5.3 million, or $0.08 per share, compared to a net loss of $9.1 million, or $0.56 per share, in the fourth quarter of 2011. The net revenue for the full year ended December 31, 2012 was $137.6 million, an increase of 65% compared to $83.3 million for the same period a year ago. Net loss for the full year ended December 31, 2012 was $19.1 million, or $0.35 per share, compared to a net loss of $16.9 million, or $1.10 per share, for the comparable period in 2011.

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