Groupon Inc. (GRPN Quick QuoteGRPN - Free Report) just released its second-quarter earnings results, posting earnings of -$0.06 per share and revenue of $756.0 million.

Currently, GRPN has a Zacks Rank #3 (Hold), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Groupon:

1. Beat earnings estimates. The company posted a loss of 6 cents (excluding 4 cents from non-recurring items), beating our Zacks Consensus Estimate of -$0.07.

2. Beat revenue estimates. The company saw revenue figures of $756.0 million, well past our estimate of $712 million.

3. Gross Billings were $1.49 billion in the second quarter 2016, down 2% from $1.53 billion in the second quarter 2015. On a constant currency basis, gross billings increased 1%.

4. The company updated its revenue guidance to between $3.00 and $3.10 billion for the full year.

5. GRPN was up $0.97, or 25.66%, to $4.75 as of 4:26 p.m. EST in after-hours trading shortly after its earnings report was released.

Here’s a graph that looks at Groupon’s latest earnings performance:

GROUPON INC Price, Consensus and EPS Surprise

GROUPON INC Price, Consensus and EPS Surprise | GROUPON INC Quote

Groupon, Inc. operates a shopping website which offers goods and services at a discount in North America and internationally. It offers deals in health and beauty, retail, services, activities, events, and food and drink.

Make sure to check back here for our full coverage of Groupon’s second-quarter report!

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