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Groupon Tumbles 6% Despite Top And Bottom Line Beat

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  • Groupon Inc (NASDAQ: 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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