Yelp Q3 revenue down 1%, growth in AI products and data licensing
YELP Yelp Inc
$20.15 +2.91%
View chart & analysis → - 1Yelp reported Q3 net revenue of $371 million, a 1% decrease year-over-year.
- 2Hatch annual recurring revenue grew 55% year-over-year to approximately $37 million in Q3.
- 3Yelp executed $200 million in share buybacks during the first 9 months of this year.
So what's the key point?
Yelp's Q3 revenue decreased by 1%. However, Hatch revenue grew 55% compared to last year, reaching $37 million.
Source The Motley Fool +1 · View original ↗
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