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February 15, 2017 01:41 pm GMT
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. The company reportedsales of $934.9 million but with a net loss of $50.2 million, and a non-GAAP EPS of $0.07. Both are a beat for the company: analysts were expecting revenues of $912.8 million, and non-GAAP earnings per… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/GDsesbnZTpo/
Groupon up 20% after Q4 report, says it paid nothing for LivingSocial
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. The company reportedsales of $934.9 million but with a net loss of $50.2 million, and a non-GAAP EPS of $0.07. Both are a beat for the company: analysts were expecting revenues of $912.8 million, and non-GAAP earnings per… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/GDsesbnZTpo/
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