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Up initially after delivering mixed Q1 results and issuing above-consensus revenue guidance,...

Up initially after delivering mixed Q1 results and issuing above-consensus revenue guidance, Yelp (YELP -9.5%) is now selling off hard, possibly a sign its steep valuation led it to be priced for perfection. SA's Paul Zimbardo notes Yelp's opex growth exceeded its strong revenue growth, as the company increases its sales force in order to generate more local ad sales.
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Comments (5)
  • Stone Fox Capital
    , contributor
    Comments (7007) | Send Message
     
    more revenue just equals more losses.
    3 May 2012, 12:16 PM Reply Like
  • Stoploss
    , contributor
    Comments (1727) | Send Message
     
    Sure is a lot of earns misses.
    3 May 2012, 12:17 PM Reply Like
  • corte33
    , contributor
    Comments (78) | Send Message
     
    YELP is going nowhere.
    3 May 2012, 12:19 PM Reply Like
  • jhenn19630
    , contributor
    Comments (40) | Send Message
     
    I still don't understand why YELP doesn't have it's pants sued off every day. Have you ever read some of the "reviews"? Some are obviously from competitors and some are downright libelous. Guess this just makes me a human and not a lawyer.
    4 May 2012, 09:59 AM Reply Like
  • corte33
    , contributor
    Comments (78) | Send Message
     
    Not to mention character assassination. A class action law suit was dismissed due to lack of evidence. (??)
    5 May 2012, 12:35 PM Reply Like
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