Groupon Sees Q2 2024 Revenue $116M-$122M Vs $122.647M Est.
Portfolio Pulse from Benzinga Newsdesk
Groupon has projected its Q2 2024 revenue to be between $116 million and $122 million, which is below the estimated $122.647 million. This forecast suggests a potential shortfall in revenue expectations for the company.
May 09, 2024 | 8:46 pm
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Groupon's projected Q2 2024 revenue is below market expectations, indicating a potential revenue shortfall.
Groupon's revenue forecast for Q2 2024 is lower than the market's expectations, which can lead to negative investor sentiment and potentially decrease the stock price in the short term. The direct mention of the company and specific financial figures provides a clear basis for anticipating the impact on its stock.
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