Net Revenue increased by 7% year over year to $333 million
Net Income increased from the prior year to $14 million, reflecting a 4% margin
Adjusted EBITDA grew 19% year over year to $64 million
Yelp Inc. (NYSE:YELP), the trusted platform that connects people with great local businesses, today announced its financial results for the first quarter ended March 31, 2024 in the Q1 2024 Shareholder Letter available on its Investor Relations website at yelp-ir.com.
"In the first quarter, the strength and momentum in our services categories, particularly home services, offset a challenging environment for our restaurant, retail and other categories," said Jeremy Stoppelman, Yelp's co-founde