GRPN Falls 18%: Q3 Rev Misses; Q4 View Beats (Correction)
Daily “deals” purveyor Groupon (GRPN) this afternoon reported Q3 revenue that missed analysts’ estimates, and profit per share that was in line with consensus. Revenue in the three months ended in September rose to $568.6 million, yielding breakeven on the bottom line. Analysts on average had been modeling $591 million and 3 cents a share. [...]
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