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Mar 31, 2024
Groupon Q1 2024 Earnings Report
Groupon's Q1 2024 earnings were reported with revenue growth and positive Adjusted EBITDA.
Key Takeaways
Groupon's Q1 2024 results exceeded expectations, marked by a return to consolidated revenue growth for the first time since 2016 and the fourth consecutive quarter of positive Adjusted EBITDA. The company reported global revenue of $123.1 million and an adjusted EBITDA of $19.5 million.
Global revenue reached $123.1 million, up 1% year-over-year.
Global billings amounted to $381.1 million.
Net loss was $11.5 million, an improvement from the prior year.
Adjusted EBITDA was positive at $19.5 million, compared to a negative $4.9 million in the previous year.
Groupon
Groupon
Groupon Revenue by Geographic Location
Forward Guidance
The earnings report does not contain specific forward guidance.
Revenue & Expenses
Visualization of income flow from segment revenue to net income