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TheStreet: Yelp Thriving, No Longer a Takeover Target says Jim Cramer

June 1, 2023
in Trade Tube
Reading Time: 1 min read
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Yelp was viewed as a takeover target for a long time, but the most recent quarter proved it has the skills and management to survive and thrive, said TheStreet’s Jim Cramer. After Tuesday’s market close, the San Francisco-based company reported earnings of 16 cents per share on revenue of $173.4 million, beating estimates of a 7 cent-loss per share on revenue of $169.82 million for the quarter. For the full-year 2016, Yelp is projecting revenue in the range of $700 to $708 million. Analysts are modeling revenue of $669 for the year.

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