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- Groupon reported non-GAAP earnings of 6 cents per share, beating expectations in Q1 2024. - Total revenues of $123.1 million beat consensus by 4%, with a 1% YoY increase. - Groupon's active customer base declined to 16.1 million from 18.2 million YoY. - Groupon expects a year-over-year revenue decline for Q2 and 2024. Price Impact Rating: bearish Impact Horizon Rating: short-term Type: Earnings
- Groupon reported non-GAAP earnings of 6 cents per share, beating expectations in Q1 2024.
- Total revenues of $123.1 million beat consensus by 4%, with a 1% YoY increase.
- Groupon's active customer base declined to 16.1 million from 18.2 million YoY.
- Groupon expects a year-over-year revenue decline for Q2 and 2024.
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