---
schema_version: "secwatch.filing_event.v1"
accession: "0001345016-24-000049"
form_type: "8-K"
ticker: "YELP"
cik: "0001345016"
company_name: "YELP INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:44:53.789648+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Yelp records $357M revenue (+6% YoY), net income $38M (+158%); lowers FY revenue guidance by $12.5M midpoint

## Summary
- Net revenue record $357M (+6% YoY); net income $38M (+158% YoY); diluted EPS $0.54 vs $0.21.
- Adjusted EBITDA $91M (+9% YoY), margin 26%; services revenue +11%, Home Services ~+15%.
- RR&O revenue -3% YoY; paying advertising locations fell 6% to 531k.
- FY2024 revenue guidance lowered to $1.410B-$1.425B (midpoint down $12.5M); adj. EBITDA guidance raised to $325M-$335M (midpoint up $10M).
- Repurchased 1.7M shares for $63.4M at avg $37.94; $456M remaining under authorization.

## SEC filing metadata
- accession: 0001345016-24-000049
- form_type: 8-K
- ticker: YELP
- cik: 0001345016
- company_name: YELP INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345016/000134501624000049/0001345016-24-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345016/000134501624000049/yelp-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001345016-24-000049
- JSON: https://secwatch.observer/filing/0001345016-24-000049.json
- Plain text: https://secwatch.observer/filing/0001345016-24-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.