Groupon Issues Second Quarter Earnings Release
Get Alerts GRPN Hot Sheet
Join SI Premium – FREE
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
CHICAGO--(BUSINESS WIRE)-- 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
[email protected]
Media Relations Contact:
Nick Halliwell
[email protected]
Source: Groupon
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Salesforce Unveils Zero Copy Partner Network, an Ecosystem Committed to Secure, Bidirectional Zero Copy Integration with Salesforce Data Cloud
- UPM Interim Report Q1 2024: A positive start to the year, growth investments contributed to earnings
- Arbolus Appoints Former EY Managing Partner Steve Martin as Chair, Setting Stage for 2024 Growth Round
Create E-mail Alert Related Categories
Business Wire, Press ReleasesRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!