On Wednesday, Shares of Yelp Inc (NYSE:YELP), added 0.79% and closed at $38.29 in the last trading session. The last trading range of the stock ranges between $36.70 and $38.50. Yelp Inc. (YELP), the company that connects people with great local businesses, recently declared financial results for the third quarter ended September 30, 2016.
Net revenue was $186.2 million in the third quarter of 2016, reflecting 30% growth over the third quarter of 2015.
Cumulative reviews grew 29% year over year to about 115 million.
App Unique Devices grew 24% year over year to about 25 million on a monthly average basis1.
Local advertising accounts grew 30% year over year to about 135 thousand.
GAAP net income in the third quarter of 2016 was $2.1 million, or $0.02 per diluted share, contrast to a GAAP net loss of ($8.1) million, or ($0.11) per share, in the third quarter of 2015. Adjusted EBITDA for the third quarter of 2016 was $33.7 million contrast to $12.5 million in the third quarter of 2015. Non-GAAP net income, which consists of net income apart from stock-based compensation and amortization, was $18.4 million for the third quarter, or $0.22 per diluted share, contrast to $2.7 million, or $0.03 per diluted share, in the third quarter of 2015.
Yum! Brands, Inc. (NYSE:YUM), dropped -0.21% and closed at $61.87 in the last trading session. The last trading range of the stock ranges between $60.76 and $62.10. The company’s Market capitalization is $22.70 Billion with the total Outstanding Shares of 367.01 million. This holiday season, Pizza Hut and Xbox have teamed up to spread holiday cheer by adding a new treat to the Pizza Hut Triple Treat Box – the chance to win an Xbox One S, the ultimate games and 4k entertainment system every hour from Nov. 7 through Dec. 24. That’s 1,140 free Xbox One S consoles for those looking for a calculator.
In connection with the return of one of its most popular offerings ever, the Triple Treat Box, customers will receive an entry code for a chance to win an Xbox One S and custom Pizza Hut designed red controller, in addition to an offer for $10 off an Xbox One game with each purchase of a Triple Treat Box while supplies last.
Motorcar Parts of America, Inc. (NASDAQ:MPAA), gained 2.18% and closed at $24.32 in the last trading session. The last trading range of the stock ranges between $21.75 and $25.01. During the 52-week trading session the minimum price at which share price traded, registered at $21.75 and reached to max level of $41.03. Motorcar Parts of America, Inc. (MPAA) recently stated results for its fiscal 2017 second quarter — reflecting record profitability on both a stated and adjusted basis.
Net sales for the fiscal 2017 second quarter were $108.8 million contrast with $91.7 million for the same period a year earlier. The company’s sales performance for the fiscal 2017 second quarter reflects continued strength of its rotating electrical and wheel hub business, in addition to contributions from its other product lines — counting the company’s emerging brake power boosters, which begind in August. Sales were partially offset by certain customer allowances and return accruals related to new business.