Financial PerformanceQ2 total revenues beat expectations and high end of guidance led by Services growth driven by strong Request-a-Quote projects growth and contribution from RepairPal acquisition.
Innovation And StrategyPositive commentary around key initiatives such as including AI, increasing adoption of Yelp Assistant, and growing contribution from AI API and data licensing partnerships.
Operational EfficiencyQ2 Adjusted EBITDA solidly above expectations and guidance due to topline outperformance and continued operating expense discipline.