Yelp Profit Soared With Help From IRS Guidance on R&D Tax Deductions
A one-time tax adjustment helped boost third-quarter earnings as Yelp’s effective tax rate ended up being much lower than it expected
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A one-time tax adjustment helped boost third-quarter earnings as Yelp’s effective tax rate ended up being much lower than it expected
The quarter marked Yelp's 10th straight of double-digit revenue growth, up 12% to $345 million.
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