Groupon, Inc. (NASDAQ:GRPN) Q1 2024 Earnings Call Transcript

Eric Sheridan: Thank you.

Operator: And your next question comes from Sean McGowan with Roth MKM. Your line is open.

Sean McGowan: Thanks again for a follow-up opportunity here. I meant to ask earlier on travel. Do you think it you talked about some of these glitches maybe not being worked out until the end of the second quarter, I don’t know if you’re talking specifically about travel, but do you think travel could get back to the Q1 level by Q3?

Dusan Senkypl: Yes, I think we have a decent chance to get to signal others.

Sean McGowan: Okay. That’s helpful. And did you mention either on this call, I don’t think you did or in a filing how much you got for the sale of those intangibles?

Dusan Senkypl: No, well very confidentiality about this deal and everything with what about this deal is content and note to of our earnings disclosure. And sorry, we cannot disclose. Thank you.

Sean McGowan: Okay. But when you when you mentioned in the prepared remarks about the 90 million, that does not include what you already got, right?

Dusan Senkypl: No. Yes, correct. This is what we still have would we believe we can get from other non-core assets, primarily if cloud and some of our remaining stake.

Sean McGowan: Great. Thank you very much. Appreciate it.

Operator: And there are no further questions at this time. And this will conclude today’s call. We thank you so much for your participation. And you may now disconnect.