GROUPON,INC. (NASDAQ:GRPN) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition.
On February 14, 2018, Groupon, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter ended December 31, 2017. A copy of the press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01.Financial Statements and Exhibits.
*The information in Exhibit99.1 is being furnished and shall not be deemed to be “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended, or incorporated by reference in any filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Groupon, Inc. ExhibitEX-99.1 2 exhibit991-q42017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Groupon Announces Fourth Quarter and Fiscal Year 2017 ResultsDelivers Record Quarterly Net Income and Adjusted EBITDAAchieves 10% Gross Profit Growth in the Fourth Quarter•Fourth quarter gross profit of $386.9 million,…To view the full exhibit click here
About GROUPON,INC. (NASDAQ:GRPN)
Groupon, Inc. operates online local commerce marketplaces throughout the world that connect merchants to consumers by offering goods and services at a discount. The Company operates through three segments: North America, which represents the United States and Canada; EMEA, which consists of Europe, the Middle East and Africa, and international operations (Rest of World). It offers deals on goods and services in approximately three categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel). Collectively, Local and Travel consists of its services offerings and Goods, which the Company refers as Shopping, which reflect its product offerings. In its Goods category, the Company acts as the merchant of record, particularly for deals in North America and in EMEA. It offers deals on products for which it acts as the merchant of record. It acts as a marketing agent by selling vouchers (Groupons) that can be redeemed for products or services with third party merchants.