Groupon (GRPN) Tops Q2 EPS by 1c, Raises Guidance

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Groupon Announces Second Quarter 2016 Results

July 27, 2016 4:08 PM EDT

Adds nearly 1.1 million new customers and accelerates Local billings growth to 9% in North America; increases full-year outlook

Gross billings of $1.49 billion Revenue of $756.0 million Net Loss of $51.7 million Adjusted EBITDA of $34.0 million GAAP loss per share of $0.10; non-GAAP loss per share of $0.01 Operating Cash Flow of $112.1 million for the trailing twelve month period; Free Cash Flow of $32.5 million for the trailing twelve month period Fiscal year 2016 revenue guidance... More