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Yelp, Inc. (YELP) CEO Jeremy Stoppelman on Q1 2020 Results - Earnings Call Transcript

May 07, 2020 10:34 PM ETYelp Inc. (YELP)
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Yelp, Inc. (NYSE:YELP) Q1 2020 Earnings Conference Call May 7, 2020 5:00 PM ET

Corporate Participants

James Miln - Vice President of Financial Planning and Analysis

Jeremy Stoppelman - Chief Executive Officer

David Schwarzbach - Chief Financial Officer

Jed Nachman - Chief Operating Officer

Conference Call participants

Colin Sebastian - Baird

Cory Carpenter - JPMorgan

Dan Salmon - BMO Capital Markets

Michael Ng - Goldman Sachs

Shwetha Khajuria - RBC Capital Markets


Good day and welcome to the Yelp's First Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to James Miln, Vice President of Financial Planning and Analysis. Please go ahead.

James Miln

Good afternoon, everyone and thanks for joining us on Yelp's first quarter earnings conference call. Joining me today are Yelp's Chief Executive Officer, Jeremy Stoppelman; Chief Financial Officer, David Schwarzbach; and Chief Operating Officer, Jed Nachman.

We published a shareholder letter on our Investor Relations Web site and with the SEC about an hour ago. I hope everyone had a chance to read it. We will provide some brief opening comments and then turn to your questions.

Now, I will read our Safe Harbor statement. We will make certain statements today that are forward-looking and involve a number of risks and uncertainties that could cause actual results to differ materially. Please note that these forward-looking statements reflect our opinions only as of the date of this call and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events.

In addition, we are subject to a number of risks that may significantly impact our business and financial results. Please refer to our SEC filings as well as our

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