NASDAQ$GRPN
Groupon Inc · Q3 2020 earnings
Q3 2020 earnings · · Investor relations
Briefing
Groupon's performance was marked by adjusted EBITDA exceeding expectations and sequential growth in local revenue, amidst ongoing efforts to return the company to growth.
Groupon reported Q3 2020 revenue of $304 million and a net loss of $16.3 million, but adjusted EBITDA was $31 million, exceeding company expectations. The company focused on expanding inventory and modernizing the marketplace, leading to sequential growth in local revenue compared to Q2. Groupon is restructuring to reduce costs and is focusing on long-term growth.
- Revenue reached $304 million, with a gross profit of $160 million.
- Loss from continuing operations was $17 million.
- Adjusted EBITDA was $31 million.
- Ended the quarter with $779 million in cash.
Headline financials
Revenue & EPS history
Groupon · Revenue · Quarterly
$304M
Revenue by segment
Groupon · $304M total across 3 segments · Q3 2020
- Goods$161M—53.0%
- Local$135M—44.4%
- Travel$7.89M—2.6%
Forward guidance
Groupon expects to realize approximately $140 million in savings from restructuring actions and furloughs for 2020 and approximately $200 million in savings from restructuring actions for 2021. The multi-phase restructuring plan is expected to deliver approximately $225 million in annualized fixed cost savings once fully implemented.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2020
-3.0%
Avg return
Earnings day
+2.4%
Avg return
5 days after
+3.9%
Avg return
30 days after
37%
23 / 62 earnings
Positive
+55.8%
Q2 2020
Best reaction
-39.9%
Q4 2019
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.6% | +9.9% | +3.8% | |
| Q4 2025 | -4.2% | -11.1% | +2.4% | |
| Q3 2025 | -5.0% | +0.4% | -6.1% | |
| Q1 2025 | +42.6% | +55.8% | +94.0% | |
| Q4 2024 | +43.1% | +63.6% | +95.0% | |
| Q3 2024 | -29.8% | -31.0% | +0.8% | |
| Q2 2024 | -22.2% | -32.5% | -18.9% | |
| Q1 2024 | +20.9% | +57.4% | +32.2% | |
| Q4 2023 | -21.0% | -17.9% | -42.9% | |
| Q3 2023 | -36.6% | -31.0% | -18.7% | |
| Q2 2023 | -7.9% | +18.4% | +45.9% | |
| Q1 2023 | -9.3% | -16.1% | +42.2% | |
| Q4 2022 | -19.8% | -17.5% | -26.5% | |
| Q3 2022 | +26.9% | +42.9% | +3.0% | |
| Q2 2022 | -2.0% | -0.9% | -15.2% | |
| Q1 2022 | -16.7% | -10.3% | -0.5% | |
| Q4 2021 | -12.8% | -26.0% | -16.2% | |
| Q3 2021 | +14.6% | +10.3% | -15.5% | |
| Q2 2021 | -14.6% | -24.9% | -36.6% | |
| Q1 2021 | -2.0% | -2.5% | -10.1% | |
| Q4 2020 | +12.6% | +49.4% | +23.5% | |
| Q3 2020 | +4.2% | +7.7% | +61.5% | |
| Q2 2020 | +55.8% | +53.6% | +99.8% | |
| Q1 2020 | -11.0% | -10.7% | -26.9% | |
| Q4 2019 | -39.9% | -41.7% | -80.2% | |
| Q3 2019 | +4.5% | +2.4% | +1.0% | |
| Q2 2019 | -9.0% | -9.8% | -28.0% | |
| Q1 2019 | +3.1% | +1.7% | -0.8% | |
| Q4 2018 | -6.1% | -6.9% | -9.6% | |
| Q3 2018 | -8.0% | -10.1% | -4.9% | |
| Q2 2018 | -3.4% | -6.8% | -9.9% | |
| Q1 2018 | +7.0% | +5.2% | -3.1% | |
| Q4 2017 | -12.1% | -13.3% | -11.5% | |
| Q3 2017 | +10.5% | +14.9% | +18.0% | |
| Q2 2017 | +10.1% | +6.5% | +14.5% | |
| Q1 2017 | -14.3% | -11.3% | -24.3% | |
| Q4 2016 | +22.5% | +23.3% | +7.9% | |
| Q3 2016 | -22.9% | -25.0% | -22.7% | |
| Q2 2016 | +24.6% | +27.6% | +37.6% | |
| Q1 2016 | -21.5% | — | — | |
| Q4 2015 | +28.4% | — | — | |
| Q3 2015 | -22.5% | — | — | |
| Q2 2015 | -8.3% | — | — | |
| Q1 2015 | -10.2% | — | — | |
| Q4 2014 | +5.1% | — | — | |
| Q3 2014 | +26.3% | — | — | |
| Q2 2014 | -12.1% | — | — | |
| Q1 2014 | -22.6% | — | — | |
| Q4 2013 | -19.9% | — | — | |
| Q3 2013 | +1.0% | — | — | |
| Q2 2013 | +21.8% | — | — | |
| Q1 2013 | +15.6% | — | — | |
| Q4 2012 | -18.4% | — | — | |
| Q3 2011 | -31.4% | — | — | |
| Q3 2012 | -26.6% | — | — | |
| Q2 2011 | -29.5% | — | — | |
| Q2 2012 | -25.9% | — | — | |
| Q1 2011 | +11.2% | — | — | |
| Q1 2012 | +22.9% | — | — | |
| Q4 2009 | -13.7% | — | — | |
| Q4 2010 | -13.7% | — | — | |
| Q4 2011 | -13.7% | — | — | |
| Q3 2010 | — | — | — | |
| Q2 2010 | — | — | — | |
| Q1 2010 | — | — | — |
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