NYSE$YELP

Yelp Inc. · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Yelp's Q3 2020 financial results demonstrated resilience with revenue growth and increased efficiency.

Yelp reported a 31% increase in net revenue from the second quarter to $221 million. The company experienced a net loss of $1 million, but Adjusted EBITDA increased significantly to $53 million. Cash and cash equivalents also saw a substantial increase, reaching $591 million.

  • Net revenue increased by 31% from the previous quarter, reaching $221 million.
  • Net loss was $1 million for the quarter.
  • Adjusted EBITDA rose by $42 million from the second quarter to $53 million.
  • Cash and cash equivalents increased by $65 million to $591 million.

Headline financials

Total Revenue

$221M

Previous: $262M-15.9%
EPS (adj)

-$0.01

Previous: $0.21-104.8%
Capital Expenditures

-$24.1M

Previous: -$30M+19.6%
Free Cash Flow

-$25.1M

Previous: -$19.9M-26.2%
Net Income

-$1.02M

Previous: $10.1M-110.1%
Operating Income

$9.33M

Previous: $9.55M-2.4%
Gross Profit

$208M

Previous: $246M-15.6%
Cash & Equivalents

$591M

Previous: $123M+378.8%
Total Assets

$1.14B

Previous: $1.03B+10.7%
Stock-Based Comp

$30.3M

Previous: $29.2M+3.5%

Revenue & EPS history

Yelp · Revenue · Quarterly

$221M

Q3 2020-15.9%vs Q3 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Revenue by segment

Yelp · $345M total across 1 segment · Q3 2023

  • Services Advertising
    $345M

Forward guidance

Yelp is confident in its ability to return to sustainable growth in the new year, while still managing the impacts of the pandemic.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

-1.0%

Avg return

Earnings day

-0.4%

Avg return

5 days after

-1.4%

Avg return

30 days after

50%

30 / 60 earnings

Positive

+25.0%

Q2 2018

Best reaction

-28.8%

Q3 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-5.1%-19.7%-18.4%
Q4 2025-8.1%-5.0%+4.4%
Q3 2025-10.0%-7.5%-7.6%
Q1 2025+9.2%+14.5%+3.5%
Q4 2024-7.9%-6.4%-13.6%
Q3 2024-1.9%+4.3%+5.9%
Q2 2024+0.4%+1.3%+1.6%
Q1 2024-6.2%-3.8%-6.4%
Q4 2023-13.1%-15.4%-14.3%
Q3 2023+7.1%+6.1%+6.1%
Q2 2023+3.2%+0.4%+0.1%
Q1 2023+1.0%+0.5%+23.7%
Q4 2022+0.1%-1.2%-10.2%
Q3 2022-17.6%-18.7%-17.9%
Q2 2022+16.7%+15.6%+3.4%
Q1 2022-9.2%-13.3%-11.9%
Q4 2021+1.0%+3.5%-10.3%
Q3 2021-3.2%-1.4%-12.9%
Q2 2021+9.0%+9.8%+4.8%
Q1 2021+1.9%+1.0%+0.7%
Q4 2020-2.4%-1.9%+10.1%
Q3 2020+14.2%+36.9%+53.5%
Q2 2020-17.7%-12.3%-17.6%
Q1 2020+6.0%+1.2%+22.3%
Q4 2019-0.4%-2.2%-33.4%
Q3 2019+6.3%+9.4%+2.0%
Q2 2019+7.0%+0.8%-4.8%
Q1 2019-16.1%-20.4%-22.4%
Q4 2018-1.8%+2.7%-9.7%
Q3 2018-28.8%-24.9%-22.9%
Q2 2018+25.0%+21.4%+17.1%
Q1 2018-8.1%-9.6%-12.3%
Q4 2017-12.8%-12.0%+5.3%
Q3 2017-1.6%-2.3%-6.1%
Q2 2017+24.2%+29.3%+33.3%
Q1 2017-20.6%-19.6%-14.8%
Q4 2016-13.5%-13.4%-16.6%
Q3 2016+9.5%+14.6%+11.3%
Q2 2016+16.3%+21.5%+20.7%
Q1 2016+22.5%
Q4 2015-13.3%
Q3 2015+0.2%
Q2 2015-25.7%
Q1 2015-23.1%
Q4 2014-20.5%
Q3 2014-19.8%
Q2 2014-3.3%
Q1 2014+8.7%
Q4 2013+15.0%
Q3 2013-0.8%
Q2 2013+23.2%
Q1 2013+23.8%
Q4 2010+4.2%
Q4 2012+0.8%
Q3 2011-20.5%
Q3 2012-14.9%
Q2 2011+15.6%
Q2 2012+10.2%
Q1 2011+3.7%
Q1 2012+3.7%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro