Yelp Delivers as Promised, Reaffirms 2019 Guidance

Yelp (NYSE: YELP) announced second-quarter 2019 results on Thursday after the market closed, delivering slightly better-than-expected profitability on revenue squarely at the center of its target range. For that, management credited the company's execution of several initiatives outlined last quarter -- when those same targets incidentally left investors underwhelmed -- with the aim of accelerating both top- and bottom-line growth.

Perhaps unsurprisingly, Yelp stock is up around 5% in after-hours trading as the market reviews the news. Let's have a closer look at what the local business review leader accomplished to end the first half.

IMAGE SOURCE: GETTY IMAGES.

Continue reading

Source Fool.com