GROUPON,INC. (NASDAQ:GRPN) Files An 8-K Results of Operations and Financial Condition

GROUPON,INC. (NASDAQ:GRPN) Files An 8-K Results of Operations and Financial ConditionItem 2.02.Results of Operations and Financial Condition.

On August 2, 2017, Groupon, Inc. (the “Company”) issued a press release announcing its financial results for its fiscal quarter ended June 30, 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-q22017.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Groupon Announces Second Quarter 2017 Results Achieved Double Digit Unit and Gross Profit Growth in North America Local •Gross profit of $328.1 million•Net loss from continuing operations of $5.4 million•Adjusted EBITDA of $53.3 million•GAAP loss per share from continuing operations of $0.01; non-GAAP income per share of $0.02•Operating cash flow of $97.8 million for the trailing twelve month period; Free cash flow of $36.4 million for the trailing twelve month period•Maintains 2017 gross profit guidance of $1.30 billion to $1.35 billion and raises bottom end of 2017 Adjusted EBITDA guidance range to $215 million to $240 million CHICAGO – (BUSINESS WIRE) – August 2,…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.