Yelp Investor Presentation Deck

Solid Fourth Quarter Results 1. 2. Total Net Revenue¹ ($ in millions) $219 4Q17 +11% $244 4Q18 Adjusted EBITDA¹,2 ($ in millions) $42 4Q17 Q4 & FY EARNINGS UPDATE +27% $53 4Q18 Excluding Eat24 revenue in Q4 2017, revenue growth in Q4 2018 was 12%. See slide 18 for a reconciliation Net Income for Q4 2017 was $141 million including a $164 million pre-tax gain on the disposal of Eat24. Net Income for Q4 2018 was $32 million. See slide 18 for reconciliation to GAAP net income (loss) for the periods presented and for information about the limitations of adjusted EBITDA as an analytical tool 14

View entire presentation