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Yelp Misses Q2 Expectations

Yelp’s stock tumbled in after-hours trading, on Tuesday, after its latest earnings missed expectations. “The company finished its second quarter with $181.46 million in cash and equivalents,” TechCrunch reports. “Compared to the year-ago quarter, Yelp’s revenue is up 53 percent … On a dollar basis, Yelp generated about a $4 million loss in profit compared to the same period last year.”

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