Earnings Call Summary | Groupon(GRPN.US) Q1 2024 Earnings Conference
Earnings Call Summary | Groupon(GRPN.US) Q1 2024 Earnings Conference
The following is a summary of the Groupon, Inc. (GRPN) Q1 2024 Earnings Call Transcript:
以下是Groupon, Inc.(GRPN)2024年第一季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Groupon reported a 1% year-over-year growth in Q1 2024 due to growth in North American local and travel categories.
Q1 ended with $159 million in cash and cash equivalents, and Adjusted EBITDA over the last twelve months was $80 million.
Q1 global billings were down by 4% at $381 million while revenue was $123 million, a 1% increase year-over-year.
The company's gross profit was 90% of revenues with future expectations being between 87% - 90%.
Operating cash flow for Q1 was negative at $10 million, and free cash flow was negative at $14 million.
Groupon报告称,由于北美本地和旅行类别的增长,2024年第一季度同比增长1%。
第一季度结束时现金及现金等价物为1.59亿美元,过去十二个月调整后的息税折旧摊销前利润为8000万美元。
第一季度全球账单下降了4%,至3.81亿美元,而收入为1.23亿美元,同比增长1%。
该公司的毛利润占收入的90%,未来预期在87%至90%之间。
第一季度的运营现金流为负1000万美元,自由现金流为负1400万美元。
Business Progress:
业务进展:
There was growth in the North American local & travel sectors and an increase in active customers.
As part of a transformation plan, Groupon has restructured marketing channels, reduced promotional spending, and improved sales efforts.
A new connectivity solution was launched with a major accommodation merchant along with a regionalized sales management approach in the US.
A new front-end is in implementation stage, serving 3% of the web traffic in North America, with plans to expand to all regions by Q4.
Plans are in place to launch AI-enhanced deal content and increase the availability of bookable travel deals to enhance customer experience.
A performance-oriented compensation program for senior leadership has been rolled out.
Dusan Senkypl is the new permanent CEO, leading the company towards sustainable growth.
北美本地和旅游业有所增长,活跃客户也有所增加。
作为转型计划的一部分,Groupon重组了营销渠道,减少了促销支出并改善了销售工作。
与一家大型住宿商户一起推出了新的连接解决方案,并在美国推出了区域化销售管理方法。
新的前端正处于实施阶段,为北美3%的网络流量提供服务,并计划在第四季度之前扩展到所有地区。
计划推出人工智能增强型优惠内容并增加可预订旅行优惠的可用性,以增强客户体验。
针对高级领导层的以绩效为导向的薪酬计划已经推出。
杜尚·森基普尔是新任常任首席执行官,领导公司走向可持续增长。
More details: Groupon IR
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