Groupon reports Q1 EPS 19c, consensus (20c)

Reports Q1 revenue $117.2M, consensus $115.5M. Reports Q1 Gross billings $386.5M, up 1% y/y. Q1 Unit sales were 8.5 million in the first quarter 2025, down 17% sequentially and down 6% compared with the prior year period. Active customers were 15.5 million as of March 31, 2025, up 0.4% sequentially and down 4% compared with the prior year period. “After a strong start to 2025, it is time to go on offense.” said Dusan Senkypl, CEO. “With North America Local Billings accelerating to double-digit growth and our local marketplace strategy showing green shoots across geographies and verticals, we are building momentum and expect to continue to accelerate our growth. We’re focused on delivering sustainable growth by creating exceptional value for both consumers and merchants.”