Groupon Announces First Quarter 2017 Results
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Groupon, Inc. (GRPN) PT Lowered to $3 at Cowen Following 1Q Miss
May 4, 2017 7:33 AM EDTCowen lowered its price target on Groupon, Inc. (NASDAQ: GRPN) to $3.00 (from $4.00) while maintaining an Underperform rating. GRPN reported a mixed quarter with results mostly missing estimates. 1Q billings of $1.36BN was below the $1.48BN forecast. Non-GAAP EPS of $0.01 was below $0.03 forecast. Revenue... More
Groupon (GRPN) Tops Q1 EPS by 2c, Revenue Misses
May 3, 2017 8:34 AM EDTGroupon (NASDAQ: GRPN) reported Q1 EPS of $0.01, $0.02 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $673.6 million versus the consensus estimate of $724.96 million.
Adjusted EBITDA of $44.8 millionAdded 500 thousand net new customers in North America, bringing North America active customers... More