Reuters: Global Markets: Groupon reports quarterly revenue below analyst estimates

Reuters: Global Markets Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Groupon reports quarterly revenue below analyst estimates Nov 8th 2012, 21:22 SAN FRANCISCO | Thu Nov 8, 2012 4:22pm EST SAN FRANCISCO (Reuters) - Groupon Inc (GRPN.O) reported disappointing third-quarter results, sending shares of the daily deal website down more than 10 percent in after-hours trading. Revenue was $568.6 million in the third quarter, compared with $430.2 million in the third quarter of 2011. Groupon reported a net loss of $3 million, or zero cents per common share in the period, versus a net loss of $54.2 million, or 18 cents a share, in the third quarter of 2011 Groupon was expected to make 3 cents a share, on revenue of $590 million, according to Thomson Reuters I/B/E/S.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions