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Yelp's (YELP) CEO Jeremy Stoppelman on Q1 2021 Results - Earnings Call Transcript

May 06, 2021 9:13 PM ETYelp Inc. (YELP)
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Yelp Inc. (NYSE:YELP) Q1 2021 Earnings Conference Call May 6, 2021 5:00 PM ET

Company Participants

James Miln – Senior Vice President of Finance and Investor Relations

Jeremy Stoppelman – Chief Executive Officer

David Schwarzbach – Chief Financial Officer

Jed Nachman – Chief Operating Officer

Conference Call Participants

Colin Sebastian – Baird

Jenn Lee – Evercore ISI

Dan Salmon – BMO Capital Markets

Ygal Arounian – Wedbush Securities

Chris Kuntarich – Deutsche Bank

Trevor Young – Barclays


Good day and welcome to the Yelp First Quarter 2021 Earnings Call. All participants will be in listen-only mode. [Operator Instructions] After today's presentation there will be an opportunity to ask questions. [Operator Instructions] Please note this event is being recorded.

I would now like to turn the conference over to James Miln, Senior Vice President of Finance and Investor Relations. Please go ahead.

James Miln

Good afternoon everyone and thanks for joining us on Yelp's first quarter 2021 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 the shareholder letter on our Investor Relations website and with the SEC, and hope everyone had a chance to read it. We'll provide some brief opening comments and then turn to your questions.

Now, I'll read our Safe Harbor statement. We'll 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

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