Groupon Issues Second Quarter Earnings Release
09 August 2022 - 7:01AM
Business Wire
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
release today and announced a plan to lower annual expenses and
outlined progress on the company’s turnaround strategy.
The second quarter earnings materials are posted on Groupon’s
Investor Relations site located at investor.groupon.com.
About Groupon
Groupon (www.groupon.com) (NASDAQ: GRPN) is a trusted local
marketplace where consumers go to buy services and experiences that
make life more interesting and deliver boundless value. To find out
more about Groupon, please visit
https://about.groupon.com/press.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220808005699/en/
Investor Relations Contact(s): Jennifer Beugelmans Jordan Kever
Megan Petrous ir@groupon.com
Media Relations Contact: Nick Halliwell press@groupon.com
Groupon (NASDAQ:GRPN)
Historical Stock Chart
From Apr 2024 to May 2024
Groupon (NASDAQ:GRPN)
Historical Stock Chart
From May 2023 to May 2024