Yelp Reports Q4 Losses As Local Gets More Crowded Than Ever

Yelp just reported its fourth quarter earnings and things aren’t looking that sunny for the stalwart local discovery site. In Q4 Yelp raked in $41.2 million in revenue, losing $.08 cents per share for a net loss of $5.3 million, an outlook a bit grimmer than projected losses of $.03 per share. Still, the company exceeded analyst estimates, which pegged the Yelp to report $40.2 million in revenue. The company’s stock predictably dipped in

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