Groupon Reports Q1 Adjusted EPS 3c, Consensus 0c

Groupon (GRPN) reports Q1 revenue $578.4M, consensus $552.81M.

"In the first quarter we made solid progress on our strategy and initiatives to improve the customer experience, expand our platform, grow our international business and continue our focus on operational rigor," said CEO Rich Williams.

"The year is off to a stronger than expected financial start, which should allow us to accelerate our investments in a number of our initiatives as we move through the first half."

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