05:24 PM EDT, 05/09/2024 (MT Newswires) -- Yelp (YELP) reported Q1 earnings Thursday of $0.20 per diluted share, swinging from a loss of $0.02 a year earlier.

Analysts surveyed by Capital IQ expected $0.06.

Revenue in the quarter ended March 31 rose to $332.8 million from $312.4 million a year earlier.

Analysts surveyed by Capital IQ expected $333.4 million.

Shares of the company fell 7% in after-hours activity.

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