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Based on management’s preliminary, unaudited analysis of financial results for the three months ending March 31, 2024, management is updating its first quarter 2024 financial outlook and cash position as follows;
•First quarter 2024 revenues to be close to, or above, the high-end of guidance.
•First quarter 2024 Adjusted EBITDA to be close to, or above, the high-end of guidance.
•March 31, 2024 unaudited cash & cash equivalents of approximately $158 million and approximately $30 million in restricted cash.
The Company intends to provide a detailed operational and financial update during its first quarter 2024 earnings call in May 2024.
Posted In: GRPN
