YELP INC
For the period ended Jun 30, 2024. Filed Aug 9, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 30, 2024 · Filed Aug 9, 2024
YELP$20.15+2.9%Stored close · as of Nov 10, 2026
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Condensed Consolidated Statements of Operations
(In thousands, except per share data)
| Three Months EndedJune 30, | Six Months EndedJune 30, | |||
|---|---|---|---|---|
| 2024 | 2023 | 2024 | 2023 | |
| Net revenue | $357,016 | $337,126 | $689,768 | $649,564 |
| Costs and expenses: | ||||
| Cost of revenue (exclusive of depreciation and amortization shown separately below) | 30,677 | 30,184 | 58,032 | 56,243 |
| Sales and marketing | 150,293 | 139,150 | 298,084 | 286,605 |
| Product development | 82,080 | 85,030 | 173,307 | 173,227 |
| General and administrative | 44,634 | 53,405 | 89,866 | 99,914 |
| Depreciation and amortization | 9,585 | 10,615 | 19,515 | 21,420 |
| Total costs and expenses | 317,269 | 318,384 | 638,804 | 637,409 |
| Income from operations | 39,747 | 18,742 | 50,964 | 12,155 |
| Other income, net | 10,322 | 5,898 | 18,046 | 11,110 |
| Income before income taxes | 50,069 | 24,640 | 69,010 | 23,265 |
| Provision for income taxes | 12,033 | 9,911 | 16,820 | 9,714 |
| Net income attributable to common stockholders | $38,036 | $14,729 | $52,190 | $13,551 |
| Net income per share attributable to common stockholders | ||||
| Basic | $0.56 | $0.21 | $0.77 | $0.19 |
| Diluted | $0.54 | $0.21 | $0.73 | $0.19 |
| Weighted-average shares used to compute net income per share attributable to common stockholders | ||||
| Basic | 67,815 | 69,256 | 68,187 | 69,537 |
| Diluted | 70,444 | 71,238 | 71,574 | 71,645 |
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