secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001345016-21-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yelp Q3 revenue $269M (+22% YoY); raises FY adjusted EBITDA outlook to $233M-$243M
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- Net revenue $269M, up 22% YoY; net income $18M ($0.23 diluted EPS) vs. loss of $1M a year ago.
- Record adjusted EBITDA of $71M (26% margin), up 34% YoY; $16M above high end of outlook.
- Services ad revenue $157M (+18% YoY); Restaurants/Retail/Other ad revenue $100M (+28% YoY).
- Full-year revenue outlook narrowed to $1.02B-$1.03B; adjusted EBITDA raised to $233M-$243M.
- Returned $224M to shareholders via buybacks since Q4 2020; $295M remaining in authorization.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501621000041/0001345016-21-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501621000041/yelp-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001345016-21-000041

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