{"schema_version":"secwatch.filing_event.v1","accession":"0001345016-24-000029","form_type":"8-K","ticker":"YELP","cik":"0001345016","company_name":"YELP INC","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.030292+00:00","generated_at":"2026-06-02T05:12:44.388024+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Yelp Q1 revenue up 7% to $333M, adjusted EBITDA beats; net income turns positive","bullets":["Net revenue $333M (+7% YoY); net income $14M ($0.20 diluted) vs loss of $1M in prior year.","Adjusted EBITDA $64M (+19% YoY), $12M above high end of outlook; margin 19%.","Services ad revenue $203M (+11%); Home Services +15%; RR&O +1% challenged.","Repurchased 1.5M shares for $62.5M at avg $40.95; $519M remaining authorization.","Full-year outlook: revenue $1.42-1.44B, adjusted EBITDA narrowed to $315-325M."],"urls":{"canonical":"https://secwatch.observer/filing/0001345016-24-000029","json":"https://secwatch.observer/filing/0001345016-24-000029.json","markdown":"https://secwatch.observer/filing/0001345016-24-000029.md","text":"https://secwatch.observer/filing/0001345016-24-000029.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1345016/000134501624000029/0001345016-24-000029-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1345016/000134501624000029/yelp-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:12:44.388024+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":"4cfe3538c0a5fcff78d322589b89985062d81536","claim":"YELP INC reported the first quarter ended March 31, 2024 results: revenue $333 million, net income $14 million, EPS $0.20 per diluted share.","evidence_excerpt":"Net revenue was $333 million, up 7% from the first quarter of 2023 and consistent with our first quarter outlook range, driven primarily by growth in advertising revenue as we executed against our strategic initiatives. > Net income was $14 million, or $0.20 per diluted share, representing a net income margin of 4%, compared to net loss of ($1) million, or ($0.02) per diluted share, and a net loss margin of approximately zero in the first quarter of 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1345016/000134501624000029/0001345016-24-000029-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter ended March 31, 2024"},{"label":"Revenue","value":"$333 million"},{"label":"Net income","value":"$14 million"},{"label":"EPS","value":"$0.20 per diluted share"},{"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"}