Groupon reported Q2 billings and revenue each down 1% YoY, with weakness concentrated in its North America Local business. Despite the top-line decline, adjusted EBITDA landed at the high end of guidance and free cash flow was positive at $15 million. Overall read is cautious as growth remains soft, but profitability/cash generation slightly offset.
Groupon reported Q2 billings and revenue each down 1% YoY, with weakness concentrated in its North America Local business. Despite the top-line decline, adjusted EBITDA landed at the high end of guidance and free cash flow was positive at $15 million. Overall read is cautious as growth remains soft, but profitability/cash generation slightly offset.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
Ticker Sentiment
