Yelp stock soars after it reports Q3 earnings

Yelp just announced its Q3 earnings, with a beat on the top line and a slight miss on the bottom.

The stock initially soared as much as 12% after-hours.

It's currently up about about 4%.

Here are the most important numbers:

• Net revenue was $143.6 million (40% year-over-year growth) vs expectations of $141.42 million
• The company had a net loss of $0.11, versus a loss of $0.09 expected - its non-GAAP EPS was $0.03