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Yelp Inc. (NYSE:YELP) Q4 2024 Earnings Call Transcript

Q4 2024 Earnings Call Transcript February 13, 2025 Yelp Inc. beats earnings expectations. Reported EPS is $0.62, expectations were $0.53. Jeremy Stoppelman: Welcome everyone. Yelp Inc. delivered record net revenue and strong profitability in 2024 as we executed against our product-led strategy.
The article provides a transcript of Yelp Inc.'s Q4 2024 earnings call, where the company discussed its financial performance and strategic initiatives. Key points include a year-over-year revenue increase, driven by growth in advertising revenue and an expanding user base. Yelp highlighted improvements in their platform, including enhanced search capabilities and new features aimed at increasing user engagement. They also discussed the impact of economic conditions on small businesses, their primary advertisers, and how Yelp is adapting its services to better support these businesses. Additionally, the call covered future outlooks, with cautious optimism about continued growth, investments in AI and machine learning to refine user experiences, and efforts to diversify revenue streams beyond traditional advertising. The management also fielded questions from analysts regarding competition, market share, and potential acquisitions.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/companies/yelp-inc-nyse-yelp-q4-2024-earnings-call-transcript/ar-AA1z6LrY ]