Groupon (GRPN - Free Report) reported a non-GAAP loss of 10 cents per share in second-quarter 2023, narrower than the Zacks Consensus Estimate of a loss of 17 cents. The company reported a non-GAAP loss of 34 cents per share in the year-ago quarter.
Revenues of $129.1 million beat the Zacks Consensus Estimate by 0.39%. The figure declined 15.7% on a year-over-year basis (down 16%, excluding the foreign exchange effect).
Region-wise, North America revenues of $95.8 million beat the consensus mark by 7.74% but slumped 14.5% year over year. International revenues of $33.3 million beat the consensus mark by 2.32% but fell 19% year over year (down 19.9%, excluding the foreign exchange effect).
Quarterly Details
Local revenues of $112.8 million beat the Zacks Consensus Estimate by 6.38% but declined 15.5% year over year (down 15.7%, excluding the foreign exchange effect). North America Local revenues declined 15.8%, while International Local revenues fell 14.8% year over year.
Groupon, Inc. Price, Consensus and EPS Surprise
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Groupon (GRPN - Free Report) reported a non-GAAP loss of 10 cents per share in second-quarter 2023, narrower than the Zacks Consensus Estimate of a loss of 17 cents. The company reported a non-GAAP loss of 34 cents per share in the year-ago quarter.
Revenues of $129.1 million beat the Zacks Consensus Estimate by 0.39%. The figure declined 15.7% on a year-over-year basis (down 16%, excluding the foreign exchange effect).
Region-wise, North America revenues of $95.8 million beat the consensus mark by 7.74% but slumped 14.5% year over year. International revenues of $33.3 million beat the consensus mark by 2.32% but fell 19% year over year (down 19.9%, excluding the foreign exchange effect).
Quarterly Details
Local revenues of $112.8 million beat the Zacks Consensus Estimate by 6.38% but declined 15.5% year over year (down 15.7%, excluding the foreign exchange effect). North America Local revenues declined 15.8%, while International Local revenues fell 14.8% year over year.
Groupon, Inc. Price, Consensus and EPS Surprise
4 Oil Stocks with Massive Upsides
Global demand for oil is through the roof... and oil producers are struggling to keep up. So even though oil prices are well off their recent highs, you can expect big profits from the companies that supply the world with "black gold."
Zacks Investment Research has just released an urgent special report to help you bank on this trend.
In Oil Market on Fire, you'll discover 4 unexpected oil and gas stocks positioned for big gains in the coming weeks and months. You don't want to miss these recommendations.
Download your free report now to see them.
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