Yelp Lowers Full-Year Revenue Forecast as Advertising Remains Pressured
Yelp now expects full-year net revenue of $1.455 billion to $1.46 billion, down from its previous outlook of $1.46 billion to $1.47 billion. Wall Street analysts expect $1.47 billion.
By Natalie WegerYelp lowered its full-year revenue forecast as advertising remains pressured.The review site now expects net revenue of $1.455 billion to $1.46 billion, compared with its previous outlook between $1.46 billion and $1.47 billion. Wall Street analysts expect $1.47 billion.The lowered…