Yelp Boosts Revenues To $55M in Q2
The social review giant Yelp has increased it’s revenues to $55 million quarter 2, 2013.
That equates to a per share loss of $0.01.
Monthly traffic for the site is up to 108 million unique monthly visitors.
In the world of social review sites, that’s quite high, and they are clearly the dominate force in the space.
Yelps EBITDA came in at $7.8 million.
Overall this was a solid quarter for Yelp beating expectations and paving the way to continue to be the largest social review site on the internet.