After the closing bell on Wednesday Yelp followed suit with its social media peers by reporting disappointing first quarter earnings. This has been a rough quarter for online ad sellers, we’ve already seen Facebook (FB), Google (GOOG), Twitter (TWTR), and Yahoo (YHOO) miss the Estimize consensus. Aside from coming up 4 cents short against the Estimize EPS consensus, Yelp also posted soft guidance for next quarter. The chart above says it all.
Travis Esquivel is an engineer, passionate soccer player and full-time dad. He enjoys writing about innovation and technology from time to time.
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