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PileOn, I mean Groupon, disappoints again

February 28, 2013


Today’s infographic provides an overview of Groupon’s latest financial results.

Yesterday after market close, Groupon announced its results for the fourth quarter of 2012.

The company posted solid revenue growth but saw its international business decline.

Groupon reported revenue of $638 million, as gross billings soared to a record high of $1.52 billion.

The company posted a net loss of $81 million, disappointing investors who had hoped the company would be closer to profitability by now.

The outlook that CEO Andrew Mason gave, didn’t do much to calm the nerves of Groupon’s investors: for the current quarter, Mason gave a revenue guidance of $560 to $610 million. Analysts on average had expected $647 million.

Consequently, Groupon’s stock was punished in the after-hours market. The stock that had just climbed back from an all-time low, fell 25 percent in late trading on Wednesday. Before the late decline, the stock had closed at $5.98, 70 percent below the IPO price of $20.



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