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Groupon, Inc. ( NASDAQ: GRPN ) stock slid on Tuesday after the company posted a stark decline in revenue and reportedly reduced its headcount significantly. The Chicago-based online marketplace reported an adjusted EPS loss of $0.34 alongside a 42.4% decline in reven...
Groupon press release ( NASDAQ: GRPN ): Q2 Non-GAAP EPS of -$0.34 beats by $0.10 . Revenue of $153.2M (-42.4% Y/Y) misses by $3.62M . Shares -7% AH. Given the company is in the midst of executing our turnaround strategy, combined with an uncertain macro...
Local billings of $361 million, up 5% (FX-neutral) from the first quarter Announces plan to lower annual expenses by $150 million; Executing turnaround strategy Reiterates 2023 Financial Targets Groupon (NASDAQ:GRPN) issued its second quarter earnings press r...
Groupon featuring a collection of Black-owned businesses and providing additional ways for merchants to reach customers and access resources Groupon , the trusted local marketplace where consumers go to buy services and experiences that make life more interesting and del...
Groupon , Inc. (NASDAQ: GRPN) announced today that it intends to release the company’s second quarter 2022 financial results after the close of market trading on Monday, August 8, 2022 and host a conference call to discuss those results on Tuesday, August 9 at 10:00am ET. ...
Shares of Groupon have lost 60% of their value this year as the pandemic has eroded its business. Active customers are declining for the first time in years, defying the company's original position that it had a small but loyal repeat customer base. A new CEO joined the company in...
Groupon’s ( NASDAQ: GRPN ) business shift and macroeconomic uncertainty for the remainder of 2022 caused Goldman to trim targets for the stock on Friday. “Broadly, we see Groupon as strategically focused on growing their local experience offering; howev...
The most heavily shorted names have been rallying off their lows in the past several days. On a relative basis, the 100 most heavily shorted stocks versus the Russell 3,000 have broken out of the downtrend that has been in place since the height of the meme stock mania in January 2021...
Groupon is being dragged through a new restructuring just as investors hoped the previous one to bear fruit. Company's Q1 numbers did not live up to expectations, revenue from services declining 11% y-o-y. We are not very optimistic about the initiatives of the new CEO and look fo...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Profit & Protection newsletter. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here . June’s No. 1 Profit &...
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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 resu...
Groupon, Inc. (NASDAQ: GRPN) is the focus of IBN's latest stock spotlight. The company's shares have moved 2.07% on the day to $17.75. Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and Inte...
Groupon, Inc. (NASDAQ: GRPN) is the focus of IBN's latest stock spotlight. The company's shares have moved -0.3% on the day to $16.89. Groupon, Inc., together with its subsidiaries, operates a marketplace that connects consumers to merchants. It operates in two segments, North America and Inte...