Groupon (NASDAQ: GRPN) shares are soaring 36.94% in pre-market trading on Thursday, following the company's impressive second-quarter 2025 financial results and the announcement of a new Chief Financial Officer. The e-commerce marketplace significantly exceeded analyst expectations, demonstrating strong growth and improved profitability.
For Q2 2025, Groupon reported revenue of $125.7 million, surpassing Wall Street's estimate of $122.47 million. The company's earnings per share (EPS) showed a remarkable turnaround, reaching $0.46 compared to a loss of $0.25 in the same quarter last year, and far exceeding the analyst consensus estimate of a $0.01 loss. Gross billings, a key metric for the company, grew 12% year-over-year to $416.7 million, signaling strong consumer engagement with Groupon's platform.
The company's North America Local business was highlighted as a primary driver of growth, with local billings jumping 20% and unit sales rising 8% compared to the prior year. This performance underscores the success of Groupon's strategy to focus on quality local experiences and large-scale merchant relationships. Adding to the positive sentiment, Groupon announced that Rana Kashyap will become the company's next CFO, effective September 1, potentially signaling fresh strategic initiatives. Furthermore, the company raised its full-year 2025 revenue guidance to $497 million to $505 million, up from the previous range of $493 million to $500 million, reflecting increased confidence in its growth trajectory.