Recap: Groupon Q1 Earnings

Groupon GRPN reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:42 PM.

Here's what investors need to know about the announcement.

Earnings

Groupon beat estimated earnings by 50.76%, reporting an EPS of $-0.65 versus an estimate of $-1.32.

Revenue was down $31.71 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 16.53% drop in the share price the next day.

Here's a look at Groupon's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.40 -0.53 -0.44 -0.52
EPS Actual -0.38 -0.68 -0.34 -0.80
Revenue Estimate 161.55M 156.42M 157.57M 165.81M
Revenue Actual 148.16M 144.39M 153.22M 153.32M

To track all earnings releases for Groupon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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