Groupon (GRPN) Misses Q1 EPS by 28c; Guides Lower
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Groupon Shares Sinks 11% on Q1 Miss and Disappointing Guidance
May 9, 2022 4:35 PM EDTGroupon (NASDAQ: GRPN) shares dropped more than 11% after-hours following the companys reported Q1 results, with EPS of ($0.80) coming in worse than the consensus estimate of ($0.52). Revenue declined 42% year-over-year to $153.3 million, missing the consensus estimate of $165.81 million.
North America revenue declined 25% year-over-year to... More
