Yelp posts strong year, but weak guidance sends its stock sliding
Yelp Inc.’s stock dropped more than 9% in extended trading Thursday after the company reported quarterly results that topped analysts’ revenue and earnings estimates but offered weak guidance.
Yelp YELP reported fiscal fourth-quarter net income of $27.4 million, or 40 cents a share, compared with net income of $20.15 million, or 29 cents a share, in the year-ago quarter.
Net…
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