Groupon, Inc. (GRPN) - NASDAQ
  • Yesterday, 3:03 PM
    | Yesterday, 3:03 PM | 2 Comments
  • Yesterday, 12:59 PM
    | Yesterday, 12:59 PM
  • Yesterday, 9:16 AM
    | Yesterday, 9:16 AM
  • Wed, Jul. 27, 5:39 PM
    • Top gainers, as of 5.30 p.m.: GRPN +21.4%. OCN +21.1%. CRUS +13.9%. ARRS +8.8%. ALR +6.5%.
    • Top losers, as of 5.30 p.m.: ARGS -17.8%. RCII -14.7%. IVTY -10.5%. TKC -8.4%. TER -7.9%.
    | Wed, Jul. 27, 5:39 PM
  • Wed, Jul. 27, 4:19 PM
    • Groupon (GRPN -3.3%) has skyrocketed after hours, +23.8%, after Q2 results where it posted a narrower than expected net loss and easily beat top-line expectations, and boosted guidance again.
    • EBITDA came to $34M, easily ahead of consensus for $25.4M. It lost $0.10/share on a GAAP basis.
    • Groupon updated revenue guidance to $3B-$3.1B for the full year, vs. consensus for $3B. It now forecasts full-year EBITDA between $140M and $165M (well ahead of consensus for $120M).
    • Gross billings were $1.49B, down 2% Y/Y, impacted by country exits. On a same-country basis, the company said, gross billings rose 1% (North America +8%; EMEA -12%; Rest of World -27%).
    • The company added more than 1M new customers, most in more than two years.
    • Global units (vouchers and products sold before cancellations and returns) fell 4% to 51M, again tied to country exits and restructuring.
    • Conference call to come at 5 p.m. ET.
    • Press Release
    | Wed, Jul. 27, 4:19 PM | 8 Comments
  • Mon, Jul. 18, 10:21 AM
    • Groupon (GRPN +8.3%) has been moved to Overweight from Neutral with a $6 price target (current price $3.73).
    • Attributes improved product focus and confidence in the deal marketplace's ability to execute in the local arena.
    • Piper Jaffray analyst Samuel J. Kemp believes consensus valuations do not adequately factor in profit stemming from a growing rate of new customer acquisition.
    • Kemp also cites a new management team with a sharpened focus and predicts an overall maturation of the company in its capacity to create shareholder value.
    • $150M-$200M will be employed throughout 2016 in a marketing push Kemp sees as adding 3.5M-4.5M new accounts, forecasting similar numbers for 2017.
    • $215M-$280M gross profit range given for these new customers factored on an average run rate basis.
    | Mon, Jul. 18, 10:21 AM | 18 Comments
  • Mon, Jul. 18, 9:12 AM
    | Mon, Jul. 18, 9:12 AM | 2 Comments
  • Mon, May 2, 11:02 AM
    • Groupon (NASDAQ:GRPN) picked up a bit Thursday after hours following a revenue beat for Q1, but declined Friday and is off 5.7% today alongside some analyst updates.
    • Jefferies's Brian Pitz says the company's transition to a more reliable footing is still a work in progress, and maintains its Hold rating (but with a higher price target of $3.50, now about 3% upside from today's lowered price). Groupon is continuing to streamline international operations while focusing investment in North America, with a an emphasis on new customers.
    • Meanwhile, RBC Capital downgraded the stock (and trimmed its price target to $3) noting some fundamentals breaking down. “While there were a few positive/neutral data points (North America Active Customer growth) in the March quarter print, we see very few signs of a turnaround in fundamentals at Groupon."
    • Now read Groupon: All Eyes On The Results »
    | Mon, May 2, 11:02 AM | 30 Comments
  • Thu, Apr. 28, 4:29 PM
    • Groupon (GRPN -4.1%) has moved up 3.9% after its Q1 beat expectations for revenue and the company raised EBITDA guidance for 2016.
    • EBITDA came to $31.3M, easily surpassing expectations for $22.1M.
    • Gross billings were $1.47B -- down 5% Y/Y, and down 3% excluding exchange-rate effects. On forex-neutral basis, billings were up 5% in North America, but down 12% in EMEA and 17% in Rest of World. Groupon says the billings drop is in part due to de-emphasizing low-margin Shopping offerings.
    • Global units (vouchers and products sold before cancellations and returns) fell 3% to 52M as international restructuring continued. North America was up 6%, though.
    • It maintained guidance on full-year revenues ($2.75B-$3.05B, in line with expectations) but raised expected EBITDA to $85M-$135M (vs. $110M expected). Those assumptions are based on "expected marketing investments, continued progress on increasing Shopping margins, and a reduction of our international footprint."
    • The company today named Mike Randolfi its new permanent chief financial officer; he's taking over for interim CFO Brian Kayman.
    • Conference call to come at 5 p.m. ET.
    • Press Release
    | Thu, Apr. 28, 4:29 PM | 23 Comments
  • Thu, Apr. 28, 4:08 PM
    • Groupon (NASDAQ:GRPN): Q1 EPS of -$0.01 beats by $0.01.
    • Revenue of $731.97M (-2.4% Y/Y) beats by $13.61M.
    • Shares +2.9%.
    • Press Release
    | Thu, Apr. 28, 4:08 PM | 7 Comments
  • Mon, Apr. 4, 9:13 AM
    | Mon, Apr. 4, 9:13 AM
  • Fri, Mar. 18, 9:15 AM
    | Fri, Mar. 18, 9:15 AM | 2 Comments
  • Wed, Mar. 9, 9:37 AM
    • "While Groupon (GRPN -9.6%) has recently shown signs of progress in its transformation to an eCommerce marketplace and its core initiatives (including streamlining its international operations or customer acquisition), we believe there is still a long road ahead in strengthening the company's positioning in the local ad and/or local eCommerce market," writes UBS' Eric Sheridan. "Meanwhile, larger Internet companies, predominantly Google and Facebook, are increasing their efforts to capture local ad dollars while Amazon's same-day delivery service reduces the benefit of a local marketplace,"
    • Sheridan, who has downgraded to Sell and set a $3.20 target, also highlights several perceived "key weaknesses" in Groupon's competitive position: "a) marketing spend will pressure near-term margins; b) increased competition in Goods; c) mix shift to lower margin 1P business; and d) slowing customer and engagement growth." He blames the issues on Groupon's international retrenchment and a "lack of operating profit scale to drive additional investments in innovation that might counter-act the platform strength of Google and Facebook."
    • Sheridan has also downgraded Yelp today. With the help of an Alibaba stake disclosure, Groupon remains up 88% since posting a Q4 beat on Feb. 11.
    | Wed, Mar. 9, 9:37 AM | 26 Comments
  • Wed, Mar. 9, 9:15 AM
    | Wed, Mar. 9, 9:15 AM | 1 Comment
  • Fri, Feb. 26, 9:17 AM
    | Fri, Feb. 26, 9:17 AM | 7 Comments
  • Mon, Feb. 22, 9:19 AM
    | Mon, Feb. 22, 9:19 AM | 6 Comments
Company Description
Groupon, Inc. is a local commerce marketplace that connects merchants to consumers by offering goods and services at a discount. The company operates through three segments: North America, EMEA, which is comprised of Europe, Middle East and Africa, and the remainder of the Company's... More
Sector: Technology
Industry: Internet Information Providers
Country: United States