Groupon Q1 revenue $123.1M (+1% YoY), first growth since 2016; names Dusan Senkypl permanent CEO

Groupon, Inc.

2024-Q1 EPS reported -$0.33 revenue$123,084,000

Revenue $123.1M, up 1% YoY; net loss narrowed to $11.5M from $28.6M; Adjusted EBITDA $19.5M vs -$4.9M.
North America revenue $94.1M (+6%); excluding Goods, up 8%. International revenue $29.0M (-11%).
Active customers: NA 10.2M (-6% YoY), Intl 5.9M (-19% YoY). Cash $158.7M.
Dusan Senkypl appointed permanent CEO (previously interim).
First quarter of consolidated revenue growth since 2016; results above high-end of guidance.

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 0.95

Groupon, Inc. reported the first quarter ended March 31, 2024 results: revenue $123.1 million, net income $11.5 million.

Period: the first quarter ended March 31, 2024
Revenue: $123.1 million
Net income: $11.5 million
Result: reported results

Exact text from the filing

Reports consolidated revenue growth for the first time since 2016 Excluding Goods category, North America segment revenues grew 8% compared to prior year • Global revenu e 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, Inc.

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Source: SEC EDGAR

accession 0001490281-24-000088

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