Yelp: Q4 Earnings Snapshot

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SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Yelp Inc. (YELP) on Thursday reported fourth-quarter net income of $27.4 million.

The San Francisco-based company said it had profit of 37 cents per share.

The results matched Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 37 cents per share.

The online business reviews company posted revenue of $342.4 million in the period, which beat Street forecasts. Four analysts surveyed by Zacks expected $340.8 million.

For the year, the company reported profit of $99.2 million, or $1.35 per share. Revenue was reported as $1.34 billion.

Yelp expects full-year revenue in the range of $1.42 billion to $1.44 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on YELP at https://www.zacks.com/ap/YELP

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