Yelp's Monthly Visitors Top 100 Million, But Profits Dip

The site sees plenty of action--and much of it is mobile--but reports a quarterly loss.

Location-based Yelp has revealed that in January there were more than 100 million visitors to its website in one month--the first time its traffic has reached this peak.

Meanwhile, Yelp reported its earnings, and the reviews there are not quite as rosy. While the company managed revenues of $41.2 million--above expectations--it actually achieved a net loss equating to $0.08 per share--a figure worse than the $0.03 analysts were expecting. Its growth figures remain promising, though, and the company is still young--and achieving significant impact.

[Image: Flickr user chiropractic]

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