Groupon revenue beats Wall Street estimates

Groupon revenue beats Wall Street estimates

The e-commerce company Groupon (NASDAQ: GRPN) released its first-quarter 2020 results on Tuesday after market close. The company reported revenues of $374.15 million for the last quarter which is 35% lower than the $578.41 million reported during the same period of the year prior. While the results surpassed Wall Street expectations.