Groupon (NASDAQ: GRPN) reported Q4 EPS of $0.18, $0.01 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $223 million versus the consensus estimate of $223.53 million.

2022 Outlook:

• For the first quarter 2022, Groupon expects to deliver breakeven adjusted EBITDA and $160 million to $170 million of revenue. For the full year 2022, Groupon expects Local billings recovery to accelerate throughout the year in both North America and International. Regarding adjusted EBITDA, we expect to deliver more than $112 million. "The Groupon team delivered solid financial results in the fourth quarter. We grew Local billings and Local customers sequentially, and despite the impact of the Omicron variant in December, we returned to cash generation, with $19 million of free cash flow, and ended the year with a cash balance of $499 million," said Damien Schmitz, Interim CFO. "After we complete the assessment of our marketplace offering, we intend to provide a more detailed outline of our full year 2022 operating initiatives, key performance indicators and financial outlook when we report our first quarter 2022 financial results in May."

For earnings history and earnings-related data on Groupon (GRPN) click here.