iBankCoin
The first hit is always on the house.
Joined Aug 2, 2009
1,847 Blog Posts

$YELP HALT ON AFTERNOON EARNINGS LEAK

Shares have been halted multiple times, and have reversed most of a double digit percentage drop this morning.

 --  Net revenue was $153.7 million in the fourth quarter of 2015, reflecting
        40% growth over the fourth quarter of 2014.
    --  Cash flow from operations was $3.8 million in the fourth quarter.
        Adjusted EBITDA for the fourth quarter of 2015 was $17.5 million.
    --  Cumulative reviews grew 34% year over year to approximately 95 million.
    --  App Unique Devices grew 38% year over year to approximately 20 million
        on a monthly average basis1.
    --  Local advertising accounts grew 32% year over year to approximately
        111,000.
Company sees Q1 sales $154M-$157M, Sees FY16 Sales $685M-$700M vs $687M Est.
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One comment

  1. cat

    And their CFO is leaving. What could go wrong here 🙂

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    • 0 Deem this to be "Fake News"