Yelp is getting eviscerated after it toned down its expectations for the year

 Yelp shares are down more than 25% after the company reported its first-quarter earnings report today, where it reduced its full-year guidance that it set in the previous quarter. The company said it would bring in between $850 million and $865 million in revenue for the full fiscal year of 2017. In the fourth quarter (reported in February), Yelp said net revenue was expected to be in the… Read More
Source: https://techcrunch.com/2017/05/09/yelp-is-getting-eviscerated-after-it-toned-down-its-expectations-for-the-year/?ncid=rss

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