Yelp reports Q2 GAAP EPS of $0.57, exceeding expectations, with revenue up 1.4% year-over-year to $375.52M.
Yelp posted second-quarter GAAP earnings per share of $0.57, surpassing estimates by $0.21. Revenue reached $375.52 million, a 1.4% year-over-year increase and $8.62 million above forecasts.
The company narrowed its 2026 outlook, projecting net revenue between $1.460 billion and $1.470 billion. Adjusted EBITDA for 2026 is now expected to range from $315 million to $325 million.
Shares showed limited immediate reaction following the release, as investors digested the updated guidance and earnings beat.