More on Groupon's Q2: Gross billings totaled $1.29B, +39% Y/Y but -4% Q/Q. North American...

|By:, SA News Editor

More on Groupon's Q2: Gross billings totaled $1.29B, +39% Y/Y but -4% Q/Q. North American revenue +66% Y/Y and 40% of total, international +31% and 60% of total. Marketing expenses -58% Y/Y, largely responsible for the EPS beat. But cost of revenue +146%, well above revenue growth. Active customers up by 1.1M Q/Q to 38M. Free cash flow of $48.6M, down from Q1's $70.6M. GRPN now -14.2% AH. (PR)