Another Social Media Company Gives Terrible Q2 Guidance (In 1 Chart)
After the closing bell on Wednesday, Yelp Inc (NYSE: YELP) followed suit with its social media peers by reporting disappointing first quarter earnings.
This has been a rough quarter for online ad sellers, we've already seen Facebook Inc (NASDAQ: FB), Google Inc (NASDAQ: GOOG), Twitter Inc (NASDAQ: TWTR), and Yahoo! Inc (NASDAQ: YHOO) miss the Estimize consensus.
Aside from coming up 4 cents short against the Estimize EPS consensus, Yelp also posted soft guidance for next quarter. The chart above says it all.
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