Yesterday ReachLocal reported Q2 earnings and just a few minutes ago Yelp released its second-quarter results. Overall, ReachLocal reported $112.2 million in quarterly revenue (21% growth vs. 2011). This was largely powered by direct local advertisers and international revenue. The company has 21,300 active advertisers and 828 total sales staff.
Yelp reported Q2 revenues of $32.7 million vs. $27.4 million last quarter. First half revenues were $60 million vs. $36.1 million last year.
Yelp said that it now has 30 million reviews and 78 million monthly unique users on a global basis. It has 7.2 million mobile app users. It also has 32,000 “active local business accounts,” which is not the same as advertisers.
Yelp added that it anticipates full year revenue of roughly $136 million, which would represent 62% growth vs. 2011.