Recap: Groupon Q1 Earnings - Groupon (NASDAQ:GRPN)

Groupon GRPN reported its Q1 earnings results on Wednesday, May 10, 2023 at 04:42 PM.

Here's what investors need to know about the announcement.

Groupon beat estimated earnings by 50.76%, reporting an EPS of $-0.65 versus an estimate of $-1.32.

Revenue was down $31.71 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 16.53% drop in the share price the next day.

Here's a look at Groupon's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.40	-0.53	-0.44	-0.52
EPS Actual	-0.38	-0.68	-0.34	-0.80
Revenue Estimate	161.55M	156.42M	157.57M	165.81M
Revenue Actual	148.16M	144.39M	153.22M	153.32M

To track all earnings releases for Groupon visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.