Yelp Projects Q4 Revenue Between $347M and $352M Amid AI Transformation
Yelp (NYSE: YELP) has provided its revenue guidance for the fourth quarter, forecasting a range between $347 million and $352 million. The company is also setting long-term targets to reach a $250 million run rate in non-advertising revenue by the end of 2028. During the Q3 earnings call, CEO Jeremy Stoppelman highlighted the company's ongoing AI transformation, noting that Yelp has recently rolled out over 30 new features and updates. These technological advancements are central to the company's strategy to evolve its product offerings beyond traditional advertising.
Tickers: $YELP
Topics: AI transformation product updates quarterly results
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Part of the story Yelp anticipates $347M-$352M Q4 revenue while targeting $250M other revenue run rate by end of 2028 (2 articles)