As consumers step up their spending on travel and on local experiences, Groupon noted, they are pulling back on buying products. The eCommerce marketplace shared in an investor presentation accompanying its first-quarter 2024 financial results Thursday (May 9) that, with the exception of its “Goods” business — which sells retail products — its North American segment, which accounts for the bulk of the business, saw +8% year-over-year growth. Conversely, gross billings from goods were down 36% year over year ...

Groupon Reports First Quarter 2024 Results Dusan Senkypl named permanent Chief Executive Officer First Quarter results above the high-end of guidance Reports consolidated revenue growth for the first time since 2016 Excluding Goods category, North America segment revenues grew 8% compared to prior year • Global revenue of $123.1 million • Global billings of $381.1 million • Net loss of $11.5 million • Adjusted EBITDA of $19.5 million • Exited Q1 with $158.7 million in cash CHICAGO - May 9, 2024 - Groupon, I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _______ to _______ Commission File Number: 1-35335 Groupon, Inc. (Exact name of registrant as specified in its charter) Delaware 27-0903295 (State or other jurisdiction ...

Groupon Announces Date for First Quarter 2024 Financial ResultsApril 30, 2024 9:01 AM EDT | Source: GrouponChicago, Illinois--(Newsfile Corp. - April 30, 2024) - Groupon, Inc. (NASDAQ: GRPN) announced today that it intends to release the company's first quarter 2024 financial results after the market closes on Thursday, May 9, 2024. The company will also host a conference call to discuss those results at 5:00pm ET.A webcast of the conference call can be accessed live at investor.groupon.com. A ...

The most recent trading session ended with Groupon (GRPN) standing at $11.67, reflecting a +1.74% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 1.02%. Meanwhile, the Dow experienced a rise of 0.4%, and the technology-dominated Nasdaq saw an increase of 2.03%.The the stock of online daily deal service has fallen by 14.02% in the past month, lagging the Retail-Wholesale sector's loss of 3.3% and the S&P 500's loss of 3.15%.Investors will be eagerly watching for ...

jbk_photography/iStock Editorial via Getty Images Amid elevated market volatility, oftentimes the best way to beat the index movements is to invest in contrarian plays that have little correlation with the broader market. This means digging deep into unloved, forgotten names that may not be the flashiest of the day, but have solid fundamentals against a reasonable valuation. Surprisingly, one of the names that fits this criteria well is Groupon (NASDAQ:GRPN), the once-popular deals site that has now bec ...

A downtrend has been apparent in Groupon (GRPN) lately with too much selling pressure. The stock has declined 39.5% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.How to Determine if a Stock is OversoldWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spo ...

Groupon (GRPN) reported non-GAAP earnings of 30 cents per share in fourth-quarter 2023, beating the Zacks Consensus Estimate of a loss of 11 cents per share. The company reported a non-GAAP loss of 38 cents per share in the year-ago quarter.Revenues of $137.72 million beat the consensus estimate of $135 million. The figure declined 7% on a year-over-year basis (down 8%, excluding the foreign exchange effect).Region-wise, North America revenues of $99.9 million beat the consensus mark by 2.9% but slumped 6% ...

As consumers splurge on gifts in spite of other budgetary cutbacks, Groupon is looking to capture this lucrative opportunity.The eCommerce marketplace shared on a call with analysts discussing its fourth-quarter and full-year 2023 financial results Friday (March 15) that, amid revenue declines, the company is targeting consumers’ gift spending to drive increases going forward.Interim CEO Dusan Senkypl noted that the first version of the company’s gifting offering drove a 50% year-over-year rise in gift orde ...

Groupon, Inc. (NASDAQ:GRPN) Q4 2023 Earnings Conference Call March 15, 2024 8:00 AM ET Company Participants Dusan Senkypl - Interim Chief Executive Officer Jiri Ponrt - Chief Financial Officer Conference Call Participants Sean McGowan - ROTH MKM Eric Sheridan - Goldman Sachs Operator Hello, and welcome to Groupon's Fourth Quarter 2023 Financial Results Conference Call. On the call today are Interim Chief Executive Officer, Dusan Senkypl; Chief Financial Officer, Jiri Ponrt; and Senior Vice President, Corpor ...