Yelp Accelerates Revenue Growth on Ad Strength

Yelp (NYSE: YELP) released better-than-expected third-quarter 2019 results on Thursday after the market closed, demonstrating the fruits of its recent strategic initiatives to accelerate the growth of its core advertising revenue stream. Shares of the local business review site soared more than 15% on Friday -- and then followed with a nearly 4% gain on Monday -- as investors cheered the update.

Now that the dust has settled, let's dig deeper to better understand what's driving Yelp's momentum, starting with a bird's-eye view of its quarter relative to the same year-ago period:

Revenue

Continue reading

Source Fool.com