secwatch.observer — SEC 8-K summary
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Issuer:     YELP INC (YELP)
CIK:        0001345016
Form:       8-K
Filed at:   2025-02-13T23:59:59+00:00
Accession:  0001345016-25-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Yelp 2024 net revenue record $1.41B (+6% YoY); net income $133M (+34%); guides FY2025 rev $1.47-1.485B
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- 2024 net revenue record $1.41B (+6% YoY); net income $133M (+34% YoY); net income margin 9%.
- Services ad revenue up 11% to $879M, driving growth; 15th consecutive quarter of double-digit services revenue growth.
- Adjusted EBITDA record $358M (+8% YoY), 25% margin; diluted EPS up 40% YoY.
- 2025 guidance: net revenue $1.470-1.485B, adjusted EBITDA $345-360M; expects continued services strength.
- Restaurant/retail ad revenue challenged, but offset by services momentum; share count reduction boosted EPS.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1345016/000134501625000004/0001345016-25-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1345016/000134501625000004/yelp-20250213.htm
  HTML page:      https://secwatch.observer/filing/0001345016-25-000004

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