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August 8, 2013 12:52 am GMT

Investors Cheer Groupon's Appointment Of A CEO, Narrow Earnings Beat, Stock Buyback Program

2013-08-07_13h48_30Groupon today reported the appointment of Eric Lefkofsky as its CEO, Ted Leonsis as the Chairman of its board, revenue of $609 million in the second quarter, operating income of $59 million excluding stock compensation expenses, and non-GAAP earnings per share of $0.02.Investors are enthralled, sending Groupon up more than 13% in after hours trading.

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FFeiPFs5ktc/

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