After the bell on Thursday, Yelp (NYSE:YELP) reported a third quarter loss of just $2 million, or 3 cents per share -- much stronger than the same period last year. The company is forecasting strong fourth quarter revenue in the range of $40 million to $40.5 million, in line with analyst estimates. The company also announced it has acquired Qype, a European online review service, for $50 million.
Shares of Yelp were poised to jump on Friday as early trading has the stock higher by almost 4%.
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