earnings
confidence high
sentiment positive
materiality 0.75
Yelp 2024 net revenue record $1.41B (+6% YoY); net income $133M (+34%); guides FY2025 rev $1.47-1.485B
YELP INC
2024-FY EPS reported
$1.88
revenue$1,412,064,000
- 2024 net revenue record $1.41B (+6% YoY); net income $133M (+34% YoY); net income margin 9%.
- Services ad revenue up 11% to $879M, driving growth; 15th consecutive quarter of double-digit services revenue growth.
- Adjusted EBITDA record $358M (+8% YoY), 25% margin; diluted EPS up 40% YoY.
- 2025 guidance: net revenue $1.470-1.485B, adjusted EBITDA $345-360M; expects continued services strength.
- Restaurant/retail ad revenue challenged, but offset by services momentum; share count reduction boosted EPS.