=Groupon (GRPN) reported earnings on Mon 4 Nov 19 (a/h)

Groupon misses by $0.01, misses on revs; reaffirms 2019 adj EBITDA guidance 

Reports Q3 (Sep) earnings of $0.01 per share, $0.01 worse than the S&P Capital IQ Consensus of $0.02; revenues fell 16.4% year/year to $495.6 mln vs the $523.71 mln S&P Capital IQ Consensus; Adjusted EBITDA of $50 million.

Global units sold were down 9% to 35.8 million in the third quarter 2019 largely driven by fewer customers and lower traffic. Units in North America were down 14% and International units were down 1%.

2019 Adjusted EBITDA guidance of approximately $270 million reiterated.