Groupon Shares Sinks 11% on Q1 Miss and Disappointing Guidance

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Groupon (GRPN) Misses Q1 EPS by 28c; Guides Lower

May 9, 2022 4:06 PM EDT

Groupon (NASDAQ: GRPN) reported Q1 EPS of ($0.80), $0.28 worse than the analyst estimate of ($0.52). Revenue for the quarter came in at $153.3 million versus the consensus estimate of $165.81 million.

GUIDANCE:

Groupon sees Q2 2022 revenue of $155-165 million, versus the consensus of $202.4... More