Three analysts polled by Capital IQ projected a per-share loss of $0.53.
Revenue for the quarter ended March 31 was $153.3 million, down from $263.8 million a year earlier.
Four analysts surveyed by Capital IQ forecast $165.3 million.
For Q2, the company said it expects revenue of $155 million to $165 million. Four analysts polled by Capital IQ are looking for $202.5 million. The company also expects adjusted EBITDA to be between $0 and $10 million.
For full-year 2022, Groupon said it expects revenue of $670 million to $700 million. Analysts polled by Capital IQ are expecting $840.9 million. The company also expects adjusted EBITDA of $60 million to $80 million.
Groupon's shares tumbled more than 13% in recent Monday after-hours activity.
Price: 13.5, Change: -2.16, Percent Change: -13.79
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