secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001345016-22-000039
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yelp Q1 2022 revenue $277M (+19% YoY), net loss narrows; full-year guidance raised
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- Net revenue $277M (+19% YoY), $7M above high end of Q1 outlook; Advertising revenue $263M (+19%).
- Net loss improved to ($1M) from ($6M); Adjusted EBITDA $48M (+10%, $3M above outlook).
- Services ad revenue record $160M (+14% YoY); RR&O ad revenue $103M (+27%), still 15% below pre-pandemic.
- Repurchased 1.5M shares for $50M in Q1; $182M remaining under authorization.
- Q2 revenue guided $280-290M; full-year revenue expected towards high end of $1.16-1.18B range; Adj. EBITDA $260-280M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501622000039/0001345016-22-000039-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501622000039/yelp-20220505.htm
  HTML page:      https://secwatch.observer/filing/0001345016-22-000039

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