Groupon jumps after strong revenue forecast
ReutersMar 12, 2025 9:52 AM
Shares of e-commerce marketplace Groupon GRPN.O rise 17.7% at $11.50 in premarket
Co on Tuesday aftermarket, forecast FY2025 revenue above estimate and also beat analysts' expectations for Q4 revenue
GRPN expects FY25 revenue to be between $493 million and $500 million, compared with Street's expectations of $491.48 million, as per data compiled by LSEG
Co posted revenue of $130.4 million in the fourth quarter, beating analysts' estimate of $127.74 million
As of last close, GRPN has shed nearly 20% YTD
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