Groupon Q2 Revenue, Adj. EBITDA Below Expectations

Montag, 08.08.2022 23:05 von PLX

• (PLX AI) – Groupon Q2 local billings USD 361 million
• • Q2 revenue USD 153.2 million vs. estimate USD 158 million
• • Q2 net income USD -90.3 million
• • Q2 adjusted EBITDA USD 5.7 million vs. estimate USD 6.4 million
• • Keeps 2023 targets unchanged with minimum of $100 million in free cash flow and an Adjusted EBITDA margin of 15-20% starting in 2023