Yelp formally reported Q3 earnings this afternoon. Last week the company announced preliminary third quarter results along with the acquisition of one of its largest European rivals, Qype, for $50 million.
Yelp said it earned quarterly net revenue of $36.4 million, which was 63 percent greater than the previous Q3 in 2011. Net revenue for the nine months through the end of September was $96.4 million, 65 percent better than a year go.
Yelp also said it had 84 million monthly unique users and 35,500 “active” local business accounts.
Below are some additional metrics shared in the press release:
- Yelp is in 96 markets globally
- There are 33 million reviews throughout Yelp
- Yelp’s apps are installed on 8 million smartphones
- 45 percent of searches on Yelp come from its apps
Yelp said that it expected full-year 2012 revenue to “be in the range of $136.4 million – $136.9 million, representing growth of approximately 64% compared to the full year of 2011.”
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Related Topics: Channel: Local | Yelp
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