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February 15, 2017 01:41 pm GMT

Groupon reports mixed Q4 weighed down by restructuring

Groupon, the daily deals platform that has been restructuring itself and trying to shift into more profitable areas of e-commerce, today reported its Q4 earnings. They were mixed. The company beat on sales of $934.9 million but with a net loss of $50.2 million, working out to a non-GAAP EPS of $0.07. Analysts were expecting revenues of $912.8 million, and non-GAAP earnings per share of… Read More

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