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Jun 30, 2023
Groupon Q2 2023 Earnings Report
Groupon's Q2 2023 results reflected sequential improvement in financial performance and tracking to expectations.
Key Takeaways
Groupon's Q2 2023 results showed a global revenue of $129.1 million and a net loss of $12.0 million. Adjusted EBITDA was $15.2 million, and the company exited the quarter with $118.1 million in cash. The company saw improvements in the rate of decline during the second quarter, earlier than anticipated, and expect that trend to continue throughout 2023.
Global revenue reached $129.1 million.
Global billings totaled $393.5 million.
Net loss was $12.0 million.
Adjusted EBITDA amounted to $15.2 million.
Groupon
Groupon
Groupon Revenue by Geographic Location
Revenue by Geographic Location
North America Revenue
CapyFin.comInternational Revenue
CapyFin.com Forward Guidance
The call will contain forward-looking statements and other material information regarding our financial and operating results.
Revenue & Expenses
Visualization of income flow from segment revenue to net income