Time to go bullish and long with YELP – Yearly Earnings Love Patience

February 7, 2018
Gleb Zinkovskiy   The article was written by Gleb Zinkovskiy, a Financial Analyst at I Know First.

YELP Stock Forecast for 2018

Summary

  • Net revenue was $846.8 million, representing 19% growth over 2016. Excluding revenue from Nowait, Yelp Wi-Fi, and Eat24, net revenue grew 20% compared to 2016.
  • Adjusted EBITDA was $156.6 million, compared to $120.1 million in 2016.
  • Investments in Nowait and Turnstyle will result in $20-25 million loss in short term
  • Net income per share attributable to common stockholders turned to $1.87 from $(0.06) in 2016, and is expected to stay positive in 2018

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