secwatch.observer — SEC 8-K summary
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Issuer:     Groupon, Inc. (GRPN)
CIK:        0001490281
Form:       8-K
Filed at:   2022-11-07T23:59:59+00:00
Accession:  0001490281-22-000138
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Groupon Q3 net loss $55.5M vs profit; revenue down 33% to $144.4M; Adj EBITDA -$8.6M
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- Global revenue $144.4M (-33% YoY); net loss $55.5M vs net income $78.7M prior year.
- Adjusted EBITDA negative $8.6M vs positive $34.6M YoY; non-GAAP EPS loss $0.68.
- NA active customers 12.3M (-18% YoY); Intl active customers 7.9M (-13%).
- Cost structure reduction target: $150M annual run-rate by end 2023; additional $50M savings goal.
- Expects Q4 2022 free cash flow positive; 2023 targets: $100M FCF, 15-20% Adj EBITDA margin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490281/000149028122000138/0001490281-22-000138-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490281/000149028122000138/grpn-20221107.htm
  HTML page:      https://secwatch.observer/filing/0001490281-22-000138

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