Groupon's fourth-quarter earnings surpassed Wall Street expectations, resulting in a significant after-hours surge in share prices.

Groupon's fourth-quarter 2024 earnings exceeded Wall Street expectations, driving the company's stock price up sharply after hours.

Despite a loss of $1.20 per share and revenue of $130.4 million, slightly better than market expectations, its North American business (accounting for 70% of total revenue) saw an 8% year-over-year increase in orders, primarily due to a 3% increase in average order value. International business also resumed growth, with overseas orders up 2%.

Groupon expects orders to grow 2% to 4% year over year in 2025, with revenue flat or up 2%, and adjusted earnings of $70 million to $75 million.

The company ended the year with $229 million in cash reserves.

Wall Street analysts rate Groupon's stock as "moderate buy," with a target price of $21.

Groupon is a global e-commerce platform that connects users with local businesses through deals on activities, travel, goods, and services.