Groupon, Inc. Provides Business Update [Yahoo! Finance]
Groupon, Inc. (GRPN)
Last groupon, inc. earnings: 2/18 04:09 pm
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US:NASDAQ Investor Relations:
investor.groupon.com/investor-relations
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Source: Yahoo! Finance
Year-end cash & cash equivalents of approximately $141 million Chicago, Illinois--(Newsfile Corp. - January 12, 2024) - Groupon, Inc. (NASDAQ: GRPN) (the "Company", "we"), an internet marketplace focused on local services & experiences, today provided a business update. Updating 4Q23 financial outlook and cash position Following a strong holiday season in North America Local, we expect: Fourth quarter 2023 revenues to be close to, or above, the high-end of our guidance. Fourth quarter 2023 Adjusted EBITDA to be close to, or above, the high-end of our guidance. Fourth quarter 2023 Free Cash Flow to be positive. We ended the year with approximately $141 million in cash & cash equivalents and approximately $26 million in restricted cash. During fourth quarter 2023, we paid down $3.9 million of borrowings under our revolving credit agreement and received $18.9 million in proceeds from previously disclosed sales of portions of our investment in SumUp. Reaffirming Prelimina
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GRPN
News
- Groupon (GRPN) Surpasses Market Returns: Some Facts Worth Knowing [Yahoo! Finance]Yahoo! Finance
- Institutional investors have a lot riding on Groupon, Inc. (NASDAQ:GRPN) with 36% ownership [Yahoo! Finance]Yahoo! Finance
- Groupon, Inc. (NASDAQ: GRPN) had its "buy" rating re-affirmed by analysts at Roth Mkm. They now have a $28.00 price target on the stock.MarketBeat
- Groupon (GRPN) Loses -39.45% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner [Yahoo! Finance]Yahoo! Finance
- Groupon, Inc. (NASDAQ: GRPN) was upgraded by analysts at StockNews.com from a "sell" rating to a "hold" rating.MarketBeat
GRPN
Earnings
- 11/9/23 - Miss
GRPN
Sec Filings
- 4/16/24 - Form 4
- 4/16/24 - Form 4
- 4/15/24 - Form 8-K
- GRPN's page on the SEC website