Yelp trims loss as results beat estimates

MarketWatch.com - MarketPulse SAN FRANCISCO (MarketWatch) -- Yelp Inc. on Wednesday reported a fiscal fourth-quarter loss of $2.1 million, or 3 cents a share on $70.7 million in revenue, compared with a loss of $5.3 million, or 8 cents a share on sales of $41.2 million in the same period a year ago. Analysts surveyed by FactSet had forecast Yelp to lose 4 cents a share on $67.3 million in revenue. For its first quarter, Yelp said it expects to report sales in a range of $73.5 million to $74.5 million, while analysts had forecast $73.2 million in revenue.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.