"Yelp needs help" was the joke of finance Twitter Tuesday,Adult Videos | Adult Movies Online as the company's stock plummeted down by more than 28 percent in after-hours trading.
SEE ALSO: You can now book fitness classes on GoogleThis Tweet is currently unavailable. It might be loading or has been removed.
That's an extreme dip and a bad look for a company that has been desperately attempting to climb back to its heights of 2014. Yelp's stock was ripped to shreds after the company reported sales under analysts' forecasts and also slashed its own revenue estimates for the year.
In other words, we didn't do as well as people had expected, and the future isn't looking great either.
Yelp dropped its forecast of $880 million to $900 million down to the range of $850 million to $865 million. While Yelp's chief financial officer Lanny Baker preached good things ahead in his prepared earnings statement, the Street clearly sought to abandon ship.
"While we are lowing our revenue and adjusted EBITDA outlook for the year, sales productivity has rebounded, transactions revenue has accelerated and we’ve seen promising results from our newly expanded retention efforts," Baker's statement read.
Why the struggle? Perhaps it's an onslaught of competition and the decreased coolness of Yelp. For sure, they incidentally made sure small businesses hated them by suggesting they pay up to get rid of bad reviews.
This Tweet is currently unavailable. It might be loading or has been removed.
Meanwhile, both Facebook and Google have been deepening reviews and their relationships with small businesses.
In March, Google released a tool for reserving fitness classes that also accompanies reviews on its site. Facebook now has a tab on its app for "Your Places" along with "City Guides." It's also experimenting with "Offers," a discount code system at participating businesses.
It's not that Yelp has done nothing to expand beyond being a restaurant review site. Yelp bought online food delivery company Eat24 in 2015 and it recently has been experimenting with food delivery robots.
Once upon a time, Yelp was believed to be exploring a sale.
Topics Facebook Google
Norrie vs. Diallo 2025 livestream: Watch Madrid Open for freeSamsung Galaxy S25 Edge leak reveals major specs, including how thin it actually isNYT Strands hints, answers for April 29Best Apple iPad deal: Save $50 on the 11Eufy Omni S1 Pro robot vacuum: $500 off at AmazonBest hairdryer deal: Save $100 on Dreame AirStyle ProNYT Strands hints, answers for April 27Get DeskSense — your AI assistant — for life for just $38Get DeskSense — your AI assistant — for life for just $38NYT mini crossword answers for April 29, 2025NYT Connections hints and answers for April 29: Tips to solve 'Connections' #688.Best Garmin deal: Save $31 on Garmin Venu 3SApple is reportedly still working on smart glasses of some kindiOS 19 rumors: Every feature we've heard of so farWalmart+ Week is live through May 4Antitrust regulators have a new target: Cheap TPNYT Connections hints and answers for April 28: Tips to solve 'Connections' #687.Spotify takes on YouTube by paying podcasters for video viewsPokémon Nintendo Switch game sale: Save up to 33%Slate truck revealed: See the $28K customizable electric truck for 2026 How binge listening to podcasts helped me get through my breakup For the first time ever, a video game trailer has qualified for an Oscar Clear your weekend, the new season of OITNB has dropped We've been waiting for this iOS 11 Gmail update for a long time Has Elon Musk finally ... cracked? GoPro CEO says Hero6 action camera is gonna be bitchin' Who needs a recall when you have over iOS 11 will finally bring native GIF support to your iPhone The Oakland A's just ended Wendy's on Twitter while defending the Warriors' honor Who do you blame when good coders do bad things? 'Game of Thrones' Season 7 wants a world record for setting people on fire Julie Andrews definitely won't appear in 'Mary Poppins Returns' Unpacking WWDC 2017: iOS 11, iPad Pro, HomePod, iMac Pro, and more DJ Khaled's upcoming album will feature Beyoncé, Jay Z, Drake, Rihanna and more 'Star Wars' fans freaked out after John Boyega tweeted a 'spoiler' British politics right now is straight out of 'Veep,' says its creator The top 5 most over Kevin Durant and Steph Curry's moms adorably celebrated their sons' Game 3 win together Facebook patents show multiple new ways to harness our emotions In praise of Justin Bieber's eccentric Instagrams
1.6193s , 10138.2578125 kb
Copyright © 2025 Powered by 【Adult Videos | Adult Movies Online】,Exquisite Information Network