Yelp Inc. (NYSE:YELP) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET
Company Participants
Kate Krieger - Director, IR
Jeremy Stoppelman - CEO
David Schwarzbach - CFO
Jed Nachman - COO
Conference Call Participants
Eric Sheridan - Goldman Sachs
Cal Bartyzal - Craig-Hallum Capital Group
Colin Sebastian - Baird
Sergio Segura - KeyBanc
Josh Beck - Raymond James
Dion Lee - Evercore
Georgia Anderson - Wolfe Research
Operator
Hello, and welcome to the Q2 2024 Yelp, Inc. Earnings Conference Call. [Operator Instructions]
I would now like to turn the conference over to Kate Krieger, Director, Investor Relations. You may begin
Kate Krieger
Good afternoon, everyone. And thanks for joining us on Yelp's second quarter 2024 earnings conference call. Joining me today are Yelp's Chief Executive Officer, Jeremy Stoppelman; Chief Financial Officer, David Schwarzbach; and Chief Operating Officer, Jed Nachman. We published a shareholder letter on our Investor Relations website and with the SEC, and hope everyone had a chance to read it. We'll provide some brief opening comments and then turn to your questions.
Now, I'll read our Safe Harbor statement. We'll make certain statements today that are forward-looking and involve a number of risks and uncertainties that could cause actual results to differ materially. Please note that these forward-looking statements reflect our opinions only as of the date of this call, and we undertake no obligation to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events.
In addition, we are subject to a number of risks that may significantly impact our business and financial results. Please refer to our SEC filings as well as our shareholder letter for a more detailed description of the risk factors that may affect our results.
During our call today, we may discuss adjusted EBITDA, adjusted EBITDA margin and free cash flow, which are non-GAAP financial measures. These measures should not be considered in isolation from or as a substitute for financial information prepared in accordance with Generally Accepted Accounting Principles.
In our shareholder letter released this afternoon and our filings with the SEC, each of which is posted on our Investor Relations website, you will find additional disclosures regarding these non-GAAP financial measures, as well as historical reconciliations of GAAP net income or loss to both adjusted EBITDA and adjusted EBITDA margin, and a historical reconciliation of GAAP cash flows from operating activities to free cash flow.