Company Of The Day: Yelp
Yelp (NYSE:YELP) posted a stronger than expected set of Q2 2021 results, with revenue rising 52% year-over-year to $257 million and EPS standing at $0.05, compared to a loss during the same quarter last year.
The re-opening of the economy following the Covid-19 lockdowns, and higher advertising revenue from restaurants, retail, and other businesses helped Yelp drive growth.
Yelp stock rallied by 13% in after-hours trading on Thursday, following the news.
See Our Complete Analysis For Yelp
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