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February 11, 2016 09:40 pm GMT
Not dead yet, deal site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth quarter earnings release. The company beat revenue forecasts, bringing in $917 million, instead of the anticipated $846 million, and a 9% year-over-year increase. Adjusted earnings per share was a four cents, whereas Wall Street was expecting zero. This is quite the bright spot… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/e0P-nlD3ENk/
Groupon Soars 23% On Favorable Earnings
Not dead yet, deal site Groupon soared 23% in initial after-hours trading, following a better-than-expected fourth quarter earnings release. The company beat revenue forecasts, bringing in $917 million, instead of the anticipated $846 million, and a 9% year-over-year increase. Adjusted earnings per share was a four cents, whereas Wall Street was expecting zero. This is quite the bright spot… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/e0P-nlD3ENk/
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