Yelp Inc. today announced its financial results for the second quarter ended June 30, 2025, reporting net revenue of $370.4 million, an increase of 3.7% year-over-year. This figure exceeded Wall Street's revenue expectations. The company's GAAP profit was $44.1 million, or $0.67 per share, which was 30.9% above analysts' consensus estimates.
The Services segment continued to be a primary driver of performance, with revenue growth of 8% year-over-year. In contrast, the Restaurant, Retail & Other (RR&O) segment experienced a decline of 5%, reflecting ongoing macroeconomic pressures in these categories.
Despite the strong quarterly results, Yelp provided a cautious outlook for the remainder of the year. For the full year 2025, the company expects net revenue to be around $1.47 billion, which is close to analysts' estimates but reflects ongoing macroeconomic uncertainties.
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