Groupon Tumbles 6% Despite Top And Bottom Line Beat

by Javier Hasse, Benzinga Editor

October 26, 2016 4:12 PM | 21 seconds read | Make a Comment

Groupon Inc GRPN reports a Q3 net loss of $(0.01) per share, beating the Street’s consensus by $0.01
Revenue of $720.5 million, beating estimates of $710.47 million
Groupon said it expects full year revenue of $3.075 billion to $3.15 billion, largely in line with estimates of $3.1 billion.
Shares of Groupon are trading down 6.5 percent after hours to $4.91

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