Yelp quarterly revenue rises 40.1 percent

Reuters News
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Posted: Oct 28, 2015 4:18 PM

(Reuters) - Yelp Inc reported a 40.1 percent rise in quarterly revenue as more businesses advertised on Yelp.com, its consumer review website.

The company reported a net loss attributable to common stockholders of $8.1 million, or 11 cents per share, for the third quarter ended Sept. 30, compared with a profit of $3.6 million, or 5 cents per share, a year earlier.

Revenue rose to $143.6 million from $102.5 million.

(Reporting by Kshitiz Goliya in Bengaluru; Editing by Robin Paxton)