Q3 Social Networking Earnings Review: First Prize Goes to Reddit (NYSE:RDDT) [Yahoo! Finance]
Yelp Inc. (YELP)
Last yelp inc. earnings: 2/13 04:05 pm
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Source: Yahoo! Finance
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at social networking stocks, starting with Reddit (NYSE:RDDT). Businesses must meet their customers where they are, which over the past decade has come to mean on social networks. In 2020, users spent over 2.5 hours a day on social networks, a figure that has increased every year since measurement began. As a result, businesses continue to shift their advertising and marketing dollars online. The 6 social networking stocks we track reported a very strong Q3. As a group, revenues beat analysts' consensus estimates by 2.9% while next quarter's revenue guidance was 2.4% above. Luckily, social networking stocks have performed well with share prices up 21.1% on average since the latest earnings results. Best Q3: Reddit (NYSE:RDDT) Founded in 2005 by two University of Virginia roommates, Reddit (NYSE:RDDT) facilitates user-gen
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- Yelp Adds New Features to Its Platform: What Should Investors Do? [Yahoo! Finance]Yahoo! Finance
- Yelp Unveils a Series of New AI-powered Features to Enhance Discovery and Connection with Local BusinessesBusiness Wire
YELP
Earnings
- 11/7/24 - Beat
YELP
Sec Filings
- 12/18/24 - Form 4
- 12/16/24 - Form 144
- 12/5/24 - Form 4
- YELP's page on the SEC website