Yelp Faces A Major User Problem
- Yelp reports Q414 earnings that beat analyst estimates.
- The consumer review site has seen user growth completely stall sending the stock down roughly 20% in early trading.
- The stock now has an attractive valuation based on growing monetization of local business accounts.
Despite strong earnings numbers, Yelp (NYSE:YELP) faces an issue with struggling user growth. Most of the metrics used to track the growth of the company remain in major growth mode, but the consumer review site is struggling to expand much beyond the 130 million MUUs (monthly unique users) that it first reached during Q114.
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