Yelp took a harsh review to heart, and investors are cheering. The company’s shares rose by 6% after hours as it reported a solid fourth-quarter with revenue of $244 million, above the consensus expectation of $242 million. Adjusted earnings before interest, tax, depreciation and amortization grew 27% year-over-year to $53 million, well above the analyst consensus of $49 million. Paid advertising accounts for the quarter were 191,000, shy of the consensus expectation of 197,000. Still, advertising revenue in the quarter rose...

Source: Wall Street Journal February 14, 2019 00:11 UTC