Groupon Issues Third Quarter Earnings Release

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Nov 07, 2022

Groupon (NASDAQ:GRPN) issued its third quarter earnings press release today and provided details on its recent operating progress. The company is executing its turnaround strategy, which is focused on two areas: reducing its cost structure and fundamentally improving its marketplace experience to position Groupon to grow profitably in a variety of economic cycles. Based on its progress, Groupon is reiterating its targets for 2023.