secwatch.observer — SEC 8-K summary
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Issuer:     Groupon, Inc. (GRPN)
CIK:        0001490281
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001490281-24-000123
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Groupon Q2 revenue $124.6M (-3% YoY), net loss narrows to $9.4M; NA Local grows 7%
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- Net loss of $9.4M improved from $12.0M loss in prior year; adjusted EBITDA $16.5M positive.
- Operating cash flow +$15.3M and free cash flow +$10.8M; cash balance $178.1M at quarter end.
- North America Local revenue $91.7M (+7% YoY); overall NA revenue $98.4M (+3% YoY).
- Marketing spend rose to 32% of gross profit ($36.5M) vs 20% a year ago ($22.3M).
- Active customers: NA 10.2M (-3% YoY), International 5.6M (-19% YoY) both declining.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1490281/000149028124000123/0001490281-24-000123-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1490281/000149028124000123/grpn-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001490281-24-000123

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