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Benzinga
Benzinga
Business
Chris Katje

Groupon Q1 Earnings Highlights: Company Revenue Down, CEO Vows To Create Ways To 'Unlock Shareholder Value'

E-commerce marketplace company Groupon Inc (NASDAQ:GRPN) hit new 52-week lows on Monday and is seeing shares trade down after market close. Here’s a look at the company’s first-quarter earnings results.

What Happened: Groupon reported first-quarter revenue of $153.3 million, missing a Street estimate of $165.8 million, according to data from Benzinga Pro.

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