Yelp beats by $0.01, reports revs in-line; guides Q1 revs below consensus; guides FY17 revs in-line :
- Reports Q4 (Dec) earnings of $0.27 per share, excluding non-recurring items, $0.01 better than the Capital IQ Consensus of $0.26; revenues rose 26.7% year/year to $194.8 mln vs the $194.47 mln Capital IQ Consensus.
- EBITDA for the full year 2016 was $120.1 million compared to $69.1 million for the prior year.
- Co issues downside guidance for Q1, sees Q1 revs of $195-199 mln vs. $204.52 mln Capital IQ Consensus Estimate. Q1: Adjusted EBITDA is expected to be in the range of $25 million to $28 million.
- Co issues in-line guidance for FY17, sees FY17 revs of $880-900 mln vs. $895.73 mln Capital IQ Consensus Estimate. FY17: Adjusted EBITDA is expected to be in the range of $150 million to $165 million.
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