Tag: groupon

Groupon Paid Nothing To Acquire LivingSocial

Groupon Paid Nothing To Acquire LivingSocial

Groupon (NASDAQ: GRPN) didn’t announce any financial details when it acquired onetime rival LivingSocial back in October, other than to classify the purchase as “not material” to 3Q earnings. Groupon’s 4Q earnings report, however, has revealed that “no consideration was […]

By GrouponRUS (Own work) [CC BY-SA 4.0], via Wikimedia Commons

Groupon Inc Shares Climb After Strong Earnings

Groupon released its fourth quarter earnings report before opening bell this morning, posting 7 cents per share in adjusted earnings on $934.9 million in revenue. Analysts had been looking for 3 cents per share and $913 million in revenue. In […]

Image Source: GoPro Press Kit

GoPro Inc Rises, Groupon Inc Soars On Earnings

GoPro and Groupon released their latest earnings reports after closing bell. GoPro reported adjusted losses of 52 cents per share on $220.8 million in revenue, against the consensus estimates of 58 cents per share in adjusted losses on $194.6 million […]

Groupon Inc Stock In Freefall As RBC Downgrades It

Groupon Inc Stock In Freefall As RBC Downgrades It

Groupon stock is still tumbling today, marking the second day of declines after Thursday’s troubling earnings report. Analyst reports are mixed with RBC Capital Markets downgrading the stock and Jefferies actually raising its price target. Groupon downgraded to Underperform In […]