Groupon Q2 2023 revenue $129.1M (-16% YoY); net loss narrows to $12.0M; positive adjusted EBITDA $15.2M

Groupon, Inc.

2023-Q2 EPS reported -$1.36 revenue$250,720,000

Global revenue $129.1M, down 16% YoY; North America revenue $95.8M (-15%), International $33.3M (-19%).
Net loss $12.0M vs $90.3M prior year; diluted EPS loss $0.41 vs $3.04 loss prior year.
Adjusted EBITDA positive at $15.2M, up from $5.7M prior year, returning to positive generation.
Active customers: North America 10.6M (-19% YoY), International 6.9M (-14% YoY).
Cash and cash equivalents $118.1M at quarter end, with $46.7M borrowings under revolver.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 1.0

Groupon, Inc. reported second quarter ended June 30, 2023 results: revenue $129.1 million, net income $12.0 million, EPS $0.41 loss per diluted share.

Period: second quarter ended June 30, 2023
Revenue: $129.1 million
Net income: $12.0 million
EPS: $0.41 loss per diluted share
Result: reported results

Exact text from the filing

Groupon Reports Second Quarter 2023 Results Transformation Plan Tracking to Expectations Returned to Positive Adjusted EBITDA Generation Refreshed Senior Leadership Team in Place • Global revenue of $129.1 million • Global billings of $393.5 million • Net loss of $12.0 million • Adjusted EBITDA of $15.2 million • Exited Q2 with $118.1 million in cash

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

Groupon, Inc. filing history →

Source: SEC EDGAR

accession 0001490281-23-000092

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.