Yelp Gets Three Upgrades after Better Than Expected Results and Avon Products to Pay $135M Settlement
Yelp, Inc. (NYSE: YELP) reported better-than-expected results with revenue topping expectations. Net loss per share of 4 cents came in lower than the six cents the Street had been expecting. Yelo's outlook for this quarter’s revenue was also a little better than consensus and the company raised its year outlook above the prior range. The company has received three upgrades from Piper Jaffray, RBC Capital, and Macquarie. Yelp Inc. operates as an online local guide that connects people primarily with boutiques, mechanics, restaurants, and dentists. The companys local advertising services