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$38.75Annual ROE
13.59%Beta
0.89Events Calendar
Next earnings date:
Feb 14, 2025Recent quarterly earnings:
Nov 07, 2024Recent annual earnings:
Feb 15, 2024Next ex-dividend date:
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SAN FRANCISCO--(BUSINESS WIRE)--Yelp Inc. (NYSE: YELP), the trusted platform that connects people with great local businesses, today announced that it has completed its previously announced planned acquisition of RepairPal, an auto services platform, for approximately $80 million in cash, subject to customary post-closing adjustments. Established in 2007, RepairPal connects consumers with certified trustworthy mechanics throughout the United States. Large, trusted companies including USAA, CarM.
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Yelp (YELP) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, YELP broke through the 200-day moving average, which suggests a long-term bullish trend.
Local business information platform Yelp plans to acquire auto services platform RepairPal for about $80 million in cash. The acquisition is expected to close by the end of the year, subject to customary closing conditions, Yelp said in a Thursday (Nov. 7) press release.
Yelp's third-quarter 2024 results reflect the benefits of growth in cost per click and paying advertising location, offset by macro headwinds in RR&O.
Yelp Inc. (NYSE:YELP ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Kate Krieger - Director, IR Jeremy Stoppelman – CEO David Schwarzbach – CFO Jed Nachman - COO Conference Call Participants Cal Bartyzal - Craig-Hallum Capital Group Shweta Khajuria - Wolfe Research Josh Beck - Raymond James Sergio Segura – KeyBanc Capital Markets John Colantuoni - Jefferies Robert Coolbrith - Evercore ISI Operator Thank you for standing by. My name is Brianna, and I will be your conference operator today.
Yelp, which made a name for itself giving restaurant recs, just bought an auto services website.
Yelp's third-quarter 2024 results are likely to benefit from increasing advertising revenues, its AI and machine learning efforts, and seasonality.
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