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@ Layer3.news
2025-05-08 13:13:17
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GROUPON POSTS SURPRIZE Q1 PROFIT, RAISES ANNUAL OUTLOOK
https://media.zenfs.com/en/Benzinga/a948ceb5cdec68f178306213a54cdbd6
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✍️ Groupon Inc. reported its first-quarter financial results, beating estimates with revenue of $117.2 million and an EPS of 18 cents.
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👉 Groupon reported revenue of $117.2 million, beating estimates of $115.5 million
👉 Revenue was down 5% compared to last year's first quarter
👉 Gross billings totaled $386.5 million, up 1% year over year
👉 Groupon reported an EPS of 18 cents, versus estimates for a loss of 11 cents
👉 Adjusted EBITDA declined to $15.3 million from $19.5 million in the prior year quarter
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#DusanSenkypl #business
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