Groupon's quarterly loss and revenue surpassed analysts' expectations on Tuesday, but its second-quarter guidance came up short of Wall Street expectations.
After the earnings announcement, the company's shares dropped more than 7 percent in after-hours trading. (Click here to find out what Groupon's stock is doing now.)
The company reported an adjusted loss of 1 cent a share on revenue of $758 million.
Analysts had expected the company to report an adjusted loss of 3 cents a share on $738 million in revenue, according to a consensus estimate from Thomson Reuters.
Groupon said it expects its second-quarter earnings, excluding items, to come in between zero and 2 cents per share on revenue of between $725 million and $775 million.
Analysts expected the firm to report earnings of 3 cents per share on $754 million in revenue, according Thomson Reuters estimates.