Balance sheet

Consumers are spending more time on their mobile devices than ever, a shift that is affecting both traditional and digital businesses. Recent earnings reports from Yelp, Angie’s List, and Groupon indicate that some of these publicly traded local mainstays are handling the transition better than others, particularly the rising challenge to effectively combine content, commerce, and services.



Net revenue — $143.6 million, up 40 percent year-over-year (YOY)
Local advertising revenue — $115.9 million, up 36 percent YOY
Transaction revenue — $12.0 million, up from $1.3 million in Q3 2014
Brand advertising revenue — $9.0 million, down four percent YOY
Net gain/(loss) — ($8.1) million, $(0.11) per share

Yelp reported earnings on October 28, posting nearly $144 million in revenues, up almost $10 million from the previous quarter. The company pleased investors by beating consensus revenue estimates, despite a sharply higher quarter-over-quarter loss of $8.1 million, up from $1.3

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Source: Street Fight