secwatch.observer — SEC 8-K summary
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Issuer:     Groupon, Inc. (GRPN)
CIK:        0001490281
Form:       8-K
Filed at:   2024-01-12T23:59:59+00:00
Accession:  0001490281-24-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Groupon expects Q4 results near/above guidance high-end; reaffirms 2024 outlook
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- Expects Q4 2023 revenue and Adjusted EBITDA close to or above high-end of prior guidance.
- Q4 2023 Free Cash Flow expected positive; year-end cash $141M, restricted cash $26M.
- Paid down $3.9M on revolver in Q4; received $18.9M from SumUp investment sale.
- Reaffirms 2024 outlook: revenue growth -5% to 0% YoY, Adjusted EBITDA $80-100M, positive full-year FCF.
- Notes Q1 2024 FCF expected negative due to seasonal merchant payable timing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490281/000149028124000004/0001490281-24-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490281/000149028124000004/grpn-20240112.htm
  HTML page:      https://secwatch.observer/filing/0001490281-24-000004

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