The company’s operations are not yet in the black, but the bottom line performance was better than many expected. Yelp’s Q2 revenue was $32.7 million, up 19 percent from the previous quarter and up 67 percent year-over-year from the second quarter of 2011. Overall, the reviews site showed continued top-line revenue growth and a smaller net loss than it has posted in the past - a performance that bested the estimates of Wall Street analysts.
Yelp today reported its earnings for the second quarter of 2012, its second ever financial report as a publicly-traded company.
