secwatch.observer — SEC 8-K summary
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Issuer:     Groupon, Inc. (GRPN)
CIK:        0001490281
Form:       8-K
Filed at:   2023-08-09T23:59:59+00:00
Accession:  0001490281-23-000092
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490281/000149028123000092/0001490281-23-000092-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490281/000149028123000092/grpn-20230809.htm
  HTML page:      https://secwatch.observer/filing/0001490281-23-000092

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