Groupon, Inc. (NASDAQ:GRPN) Q2 2024 Earnings Conference Call July 30, 2024 5:00 PM ET
Company Participants
Dusan Senkypl - CEO
Jiri Ponrt - CFO
Conference Call Participants
Sean McGowan - Roth Capital
Bobby Brooks - Northland Capital
Pierre Riopel - Goldman Sachs
Operator
Hello, and welcome to Groupon Second Quarter 2024 Financial Results Conference Call.
On the call today are CEO, Dusan Senkypl; CFO Jiri Ponrt, and SVP of Corporate Development and Investor Relations, Rana Kashyap. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the company's formal remarks. Today's conference call is being recorded.
Before we begin, Groupon would like to remind listeners that the following discussion and responses to your questions reflects management's views as of today, July 30, 2024 only, and will include forward-looking statements. Actual results may differ materially from those expressed or implied in the company's forward-looking statements. Groupon undertakes no obligation to update these forward-looking statements as a result of new information or future events. Additional information about risks and other factors that could potentially impact the company's financial results are included in its earnings press release and in its filings with the SEC, including its quarterly report on Form 10-Q. We encourage investors to use Groupon's investor relations website at investor.groupon.com as a way of easily finding information about the company. Groupon promptly makes available on this website the reports that the company files or furnishes with the SEC, corporate governance information, and select press releases and social media postings.
On the call today, the company will discuss the following non-GAAP financial measures, adjusted EBITDA and free cash flow. In Groupon's press release and their filings with the SEC, each of which is posted on its Investor Relation website, you will find additional disclosures regarding these non-GAAP measures, including reconciliations of these measures to the most comparable measures under U.S. GAAP.
And with that, I'm happy to turn the call over to Dusan.
Dusan Senkypl
Hello and thanks for joining us for our second quarter 2024 earnings call. It’s a pleasure to be with all of you. Today’s prepared remarks are posted on our investor relations website along with an investor presentation, which I will refer to during my remarks. In addition, I encourage you to review our press release and 10-Q, which contain more detail on our second quarter results.
I will start today’s call on slide five 5 and cover our second quarter numbers. After a weak start to the quarter, where April was significantly impacted related to previously disclosed site performance issues, we finished the quarter with a very good June and ended overall with a decent quarter.