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Show HN: I made a free tool that analyzes SEC filings and posts detailed reports

(www.signalbloom.ai)
289 points GodelNumbering | 3 comments | 13 Apr 25 19:33 UTC | HN request time: 0.979s | source

(* within a few minutes of SEC filing)

Currently does it for 1000+ US companies and specifically earnings related filings. By US companies, I mean the ones that are obliged to file SEC filings.

This was the result of almost a year long effort and hundreds of prototypes :)

It currently auto-publishes for 1000 ish US companies by market cap, relies on 8-K filing as a trigger.

e.g. https://www.signalbloom.ai/news/NVDA will take you to NVDA earnings

Would be grateful to get some feedback. Especially if you follow a company, check its reports out. Thank you!

Some examples: https://www.signalbloom.ai/news/AAPL/apple-q1-eps-beats-desp...

https://www.signalbloom.ai/news/NVDA/nvidia-revenue-soars-ma...

https://www.signalbloom.ai/news/JPM/jpm-beats-estimates-on-c... (JPM earnings from Friday)

Hallucination note: https://www.signalbloom.ai/hallucination-benchmark

Show context
iambateman ◴[14 Apr 25 02:02 UTC] No.43677429[source]▶
This is cool. If you don’t mind me asking, are you using the EDGAR api or something else?
replies(1): >>43677487 #
GodelNumbering ◴[14 Apr 25 02:16 UTC] No.43677487[source]▶
Thanks! No we (had some help) built the full pipeline from the ground up using EDGAR archives. Cleaning up SEC data was a nightmare but we eventually got there
replies(1): >>43677494 #
1. iambateman ◴[14 Apr 25 02:18 UTC] No.43677494[source]▶
Fascinating. It seemed like the EDGAR API looked too good to be true. Sounds like it was.
replies(1): >>43677515 #
2. GodelNumbering ◴[14 Apr 25 02:23 UTC] No.43677515[source]▶
From what I gather, there is an "official" EDGAR API that is not operated by SEC but by a company they authorized, costs tens of thousands per year and by some accounts, is not that great.

Then you have a bunch of third party providers that offer APIs that return cleaned up SEC filings and charge like few thousand dollars a year. The downside is the latency they add.

replies(1): >>43677813 #
3. hbcondo714 ◴[14 Apr 25 03:28 UTC] No.43677813[source]▶
Yeah, it's a SCP/SFTP service managed by a consulting company:

https://www.sec.gov/search-filings/public-dissemination-serv...