Yelp poor quarterly reports plunged its stock to yearly lowest…

On Tuesday, July 28, 2015 Yelp Inc. (Nasdaq: YELP) reported negative EPS of (0.02) with a quarterly loss of $1.3 million. The company declared profit of $2.3 million with EPS of 0.09 last year for same quarter.

YELP stock touched 53 weeks low on Wednesday morning trading session.

Company reported roughly 3% declination in unique visitors as compared to same quarter last year. Total revenue reported was $133 million as compared to $88.8 million for same quarter last year.

sources: nasdaq, yelp.com/(investors relations)

 

 

 

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