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.
