{"schema_version":"secwatch.filing_event.v1","accession":"0001345016-23-000053","form_type":"8-K","ticker":"YELP","cik":"0001345016","company_name":"YELP INC","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.712447+00:00","generated_at":"2026-06-08T23:38:48.559661+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Yelp reports record Q3 revenue of $345M (+12% YoY); net income up 539% to $58M; raises full-year guidance","bullets":["Net revenue $345M, record; net income $58M ($0.79 diluted), up 539% YoY; adjusted EBITDA record $96M, +30%.","Services ad revenue $206M (+14% YoY), Home Services grew ~20%; RR&O ad revenue $124M (+10%).","Ad clicks +9% YoY, average CPC +4%; Self-serve revenue +25% YoY; Multi-location +10%.","Raises FY2023 outlook: revenue $1.332-1.337B, adjusted EBITDA $319-324M; repurchased $50M in shares in Q3.","Plans to shift compensation mix from equity to cash, reducing SBC to <8% of revenue by end of 2025."],"urls":{"canonical":"https://secwatch.observer/filing/0001345016-23-000053","json":"https://secwatch.observer/filing/0001345016-23-000053.json","markdown":"https://secwatch.observer/filing/0001345016-23-000053.md","text":"https://secwatch.observer/filing/0001345016-23-000053.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1345016/000134501623000053/0001345016-23-000053-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1345016/000134501623000053/yelp-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:38:48.559661+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"476a61971679540c15d1e68853122bc958d44bcb","claim":"YELP INC reported the third quarter ended September 30, 2023 results: revenue $345 million, net income $58 million, or $0.79 per diluted share, EPS $0.79 per diluted share. Guidance raised.","evidence_excerpt":"--- Yelp Drove Record Net Revenue in the Third Quarter 2023 as it Delivered More Value to Advertisers Third quarter Net Revenue increased by 12% year over year to a record $345 million Net Income increased by 539% year over year to a strong $58 million Adjusted EBITDA increased by 30% year over year to a record $96 million Raises full-year outlook to $1.332","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1345016/000134501623000053/0001345016-23-000053-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$345 million"},{"label":"Net income","value":"$58 million, or $0.79 per diluted share"},{"label":"EPS","value":"$0.79 per diluted share"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}