![]() ![]() In fact, it has issued strong guidance for fiscal 2022 - with $1.16-$1.18 billion in revenue, representing 12-14% y-o-y revenue growth, and $260-$280 million in adjusted EBITDA (6 to 14% EBITDA growth) on a 23% adjusted EBITDA margin. By reducing its headcount in its lower revenue-generating Local division and putting more focus on its multi-location sales teams, Yelp’s adjusted EBITDA has grown massively by 76% year-over-year (y-o-y) to $246 million. While Yelp experienced downtime in the large part of 2020, the company has used this time to streamline its strategy. But while that's certainly true of the logo, which has done away with its superfluous 'bubble' outline, the new app icons look rather retro. However, Yelp has been able to maintain high-teens revenue growth rates and upticks in usage and review creation in 2021 - in terms of company metrics. The restaurant review platform has unveiled a new logo and icon set, designed to look 'simple, modern, and cohesive'. The stock decline during this period can be attributed to a slowing economy, driven by supply chain worries, the war in Europe, and now another China shut down. YELP stock has declined from around $37 to $32 since the beginning of 2022, similarly compared to a 13% fall in the S&P index. Illustration by Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty ImagesĪfter a 13% decline year-to-date, at the current price of around $32 per share, we believe Yelp stock (NASDAQ NDAQ: YELP), an online site for discovering local businesses ranging from bars, restaurants, and cafes, to hairdressers, spas, and gas stations - could see a rebound. ![]() ![]() POLAND - 3: In this photo illustration, a Yelp logo seen displayed on a smartphone. ![]()
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