GRPN Stock Recent News

Groupon (GRPN) shares tumbled in premarket trading Wednesday, a day after the company reported an unexpected loss.

Groupon, Inc. (NASDAQ:GRPN ) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET Company Participants Dusan Senkypl - CEO Jiri Ponrt - CFO Conference Call Participants Sean McGowan - Roth Capital Bobby Brooks - Northland Capital Pierre Riopel - Goldman Sachs Operator Hello, and welcome to Groupon Second Quarter 2024 Financial Results Conference Call. On the call today are CEO, Dusan Senkypl; CFO Jiri Ponrt, and SVP of Corporate Development and Investor Relations, Rana Kashyap.

While the top- and bottom-line numbers for Groupon (GRPN) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Groupon (GRPN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.01. This compares to loss of $0.10 per share a year ago.

North America Local revenues grew 7% compared to prior year Positive Second Quarter operating cash flow of $15 million and Free Cash Flow of $11 million Positive Trailing twelve month operating cash flow of $46 million and Free Cash Flow of $30 million Second Quarter revenue above the high-end of guidance Chicago, Illinois--(Newsfile Corp. - July 30, 2024) - Groupon, Inc. (NASDAQ: GRPN) today announced its financial results for the second quarter ended June 30, 2024. The company filed its Form 10-Q with the Securities and Exchange Commission and posted an updated presentation on its investor relations website (investor.groupon.com).

Evaluate the expected performance of Groupon (GRPN) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Recently, Zacks.com users have been paying close attention to Groupon (GRPN). This makes it worthwhile to examine what the stock has in store.

In the latest trading session, Groupon (GRPN) closed at $17.46, marking a +1.04% move from the previous day.

Investors who remained heavily invested in the technology sector should start watching the broader market's behavior today, as names in artificial intelligence like NVIDIA Co. NASDAQ: NVDA are potentially coming out of favor. A rotation into other areas and asset classes has started in the past couple of weeks, and riding the momentum could prove beneficial for most today.

Chicago, Illinois--(Newsfile Corp. - July 24, 2024) - Groupon, Inc. (NASDAQ: GRPN) announced today that it intends to release the company's second quarter 2024 financial results after the market closes on Tuesday, July 30, 2024. The company will also host a conference call to discuss those results at 5:00pm ET.