
Shares of Groupon, Inc. (NASDAQ:GRPN) rose sharply in pre-market trading after the company reported better-than-expected second-quarter financial results and raised its FY25 sales guidance.
Groupon reported quarterly earnings of 25 cents per share which beat the analyst consensus estimate of a loss of 1 cent per share. The company reported quarterly sales of $125.702 million which beat the analyst consensus estimate of $122.456 million.