Groupon fails to turn profit as revenue grows
Groupon just announced its first earnings since its IPO in November. For the fourth quarter of 2011, it reported revenue of $506.5 million, beating analyst estimates of $473 million. It's also profitable, with net income of $15 million. However, Groupon came up short on earnings per share, coming in at negative $0.02, rather than the positive $0.03 EPS that analysts were expecting. (That number includes a $0.07 cent tax from international operations.) As result, at 4:20pm Eastern, Groupon was down 11.3 percent in after-hours trading.
Groupon fails to turn profit as revenue grows
Daily deals site Groupon on Wednesday issued its first earnings report as a publicly traded company, saying it failed to turn a profit despite revenue nearly tripling from a year earlier.
Wed 8 Feb 12 from Phys.org
Groupon loss and weak sales clobber shares
(Reuters) - Groupon Inc reported a loss on Wednesday as user growth slowed from the breakneck pace of past quarters, potentially signaling consumer fatigue with daily deals and wiping 13 percent ...
Wed 8 Feb 12 from Reuters Technology
Groupon reports unexpected loss
In its first set of results as a public company, Groupon reports an unexpected loss of $42.7m (£27.0m), when a small profit had been expected.
Wed 8 Feb 12 from BBC Technology
Groupon reports quarterly net loss, shares drop
(Reuters) - Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.
Wed 8 Feb 12 from Reuters Technology
Groupon Misses Earnings Estimates (Liveblog)
Groupon just announced its first earnings since its IPO in November. For the fourth quarter of 2011, it reported revenue of $506.5 million, beating analyst estimates of $473 million. It's also ...
Wed 8 Feb 12 from TechCrunch
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