Groupon Inc ( GRPN ) reported fourth-quarter financial results after the market close on Tuesday. Here’s a look at the key details from the quarter.

Q4 Earnings: Groupon ( GRPN ) reported fourth-quarter revenue of $130.38 million, beating estimates of $127.74 million, according to Benzinga Pro. Revenue was down 4% compared to the fourth quarter last year.

Groupon ( GRPN ) reported a fourth-quarter loss of $1.20 per share, versus estimates for a loss of four cents per share.

Gross billings totaled $430.1 million in the fourth quarter, down 1% year-over-year. Unit sales came in at 10.3 million, down 8% year-over-year, but up 18% sequentially. Groupon ( GRPN ) reported 15.4 million active customers as of Dec. 31, down 6% year-over-year.

Groupon ( GRPN ) generated $67 million in operating cash flow and $63.2 million in free cash flow during the quarter. The company ended the period with $228.8 million in cash and ash equivalents.

“In 2024, we successfully executed our transformation strategy, returning North America Local to growth and generating positive free cash flow for the first time since exiting the pandemic,” said Dusan Senkypl, CEO of Groupon ( GRPN ).

“After a bumpy third quarter we rebounded nicely in the fourth quarter, with North America Local Billings growing 8%. We enter 2025 with momentum and a stronger foundation to accelerate growth.”

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Groupon ( GRPN ) noted the momentum the company exited the year with carried over into the beginning of 2025. The company said it’s focused on several strategic pillars in 2025 including winning in key markets, prioritizing high-impact categories, enhancing customer retention, boosting merchant success and completing its remaining technical migrations for its mobile-first platform.

Groupon ( GRPN ) expects first-quarter revenue of $114 million to $117 million. The company expects first-quarter billings to be down 2.5% to 5% year-over-year. Groupon ( GRPN ) guided for full-year billings growth of 2% to 4%, and said it expects full-year revenue to be flat to up 2%.

GRPN Price Action: Groupon ( GRPN ) shares were up 6.45% after hours, trading at $10.40 at the time of publication Tuesday, according to Benzinga Pro.