SAN FRANCISCO (AP) — Yelp Inc.'s shares rose in extended trading Wednesday after the online review provider reported better-than-expected revenue in the fourth quarter. The San Francisco -based company posted a loss of $2.1 million , or 3 cents per share, for the period that ended Dec. 31 . That's compared with a loss of $5.3 million , or 8 cents per share, in the prior year. Its revenue surged 72 percent to $70.7 million from $41.2 million . On average, analysts surveyed by FactSet forecast a quarterly loss of 2 cents per share on revenue of $67.3 million . Yelp said there were more businesses, visitors and reviews for the quarter, but the company was weighed down by higher expenses, including stock-based compensation. For the full year, Yelp posted a loss of $10.1 million , or 15 cents per share, on revenue of $233 million . The company said it expects revenue of $73.5 million to $74.5 million for its first quarter and $353 million to $358 million for the full year. Analysts expect first-quarter revenue of $73.2 million and 2014 revenue of $347.8 million . Shares of Yelp rose $2.77 , or 3.7 million, to $78 in after-hours trading following the announcement. Its shares fell $2.56 to close regular trading at $75.23 .
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