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Groupon reports quarterly revenue below analyst estimates
2012年11月8日 / 晚上9点18分 / 5 年前

Groupon reports quarterly revenue below analyst estimates

SAN FRANCISCO, Nov 8 (Reuters) - Groupon Inc 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.

Groupon shares were down 12.2 percent to $3.44 in after-hours trade on Thursday.

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