Q2 FY2026 EarningsQ2 FY26 results were mixed relative to consensus, with revenue of $124.7M slightly missing the $127.1M estimate. However, GAAP EPS of -$0.04 beat the -$0.057 mean estimate, and Normalized EPS of -$0.04 (calculated from net loss) missed the optimistic $0.10 consensus. International Local revenue was a bright spot, growing 8.0% YoY, while North America continued to face headwinds. Management initiated the 'Project Foundry' restructuring to pivot toward an AI-native model, aiming for $20M-$25M in annualized savings.
Overview: Groupon(GRPN) the Revenue is 124.68 M (-0.82%), Miss estimate;the EBIT is -717 K (-105.5%), Miss estimate;the EPS is -0.04 (-108.7%), Beat estimate.