secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001345016-21-000035
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yelp Q2 2021: Revenue $257M (+52% YoY), Record Adj. EBITDA $64M, Guidance Raised
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- Net revenue $257M (+52% YoY); net income $4M vs loss $24M in Q2 2020.
- Adjusted EBITDA $64M record (+473% YoY, 25% margin); FY21 outlook raised: revenue $1.01B-$1.03B, Adj. EBITDA $200-220M.
- Board authorized $250M stock repurchase increase; total remaining buyback authorization $345M.
- Paying advertising locations 528k (+40% YoY); Services ad revenue 23% above Q2 2019 level.
- Ad clicks +87% YoY, avg CPC -20%; Self-serve revenue nearly doubled YoY and up ~70% vs Q2 2019.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501621000035/0001345016-21-000035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501621000035/yelp-20210805.htm
  HTML page:      https://secwatch.observer/filing/0001345016-21-000035

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer