What’s New In Activism - Groupon Settles Groupon Inc (NASDAQ:GRPN) reached a settlement with one of its largest shareholders, handing out two board seats to Pale Fire Capital. Dusan Senkypl, a partner at Czech-based investment firm Pale Fire, a Czech Republic-based investment firm, was appointed to Groupon's board after the company's...
Activist RPD Fund Management, on June 2, unveiled plans to shake up Groupon Inc (NASDAQ:GRPN), saying it has built its stake to just under ten percent and will initiate talks with the company. RPD, based in New York and run by Ahmet Okumus, has owned shares, which it said are...
Prescience Point Capital Management raise their price target on Groupon Inc (NASDAQ:GRPN). Q4 2021 hedge fund letters, conferences and more Raising Our Price Target To >$88 Following Recent News That Shows Groupon’s ~5% Stake In SumUp Is Likely Worth More Than Its Entire Market Cap The recent news of SumUp...
Prescience Point is long Groupon Inc (NASDAQ:GRPN). Q3 2021 hedge fund letters, conferences and more Most people think Groupon is dead (we did). However it has a valuable secret asset, revamped core business poised for accelerated growth, & surprisingly loyal user base, making it worth 2.7x to 4.3x the current...
The Groupon Q3 2017 earnings results were released before opening bell this morning. The company reported non-GAAP earnings of 1 cent per share on $634.5 million in revenue. Groupon broke even on a GAAP basis. Wall Street had been expecting a breakeven result on $643.6 million in revenue. In last...
Groupon and Sprint released their latest earnings reports before opening bell this morning. Groupon reported adjusted earnings of 1 cent per share on $673.6 million in revenue, compared to the consensus estimates of $722 million and 4 cents per share in adjusted losses. In last year's first quarter, the company...
Groupon skeptics have never been in short supply. They’ve long said the business model was flawed and that the growth of the company and its sector was based on hope. Critics predicted it was only a matter of time before it would all collapse. That time appears to be now....
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 paid" to take over LivingSocial. Once valued at north of...
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 the year-ago quarter, the company reported $917.2 million in revenue....
Groupon released its third quarter earnings results after closing bell tonight, posting non-GAAP net losses of 1 cent per share on $720.5 million in revenue. Analysts had been expecting losses of 2 cents per share on $710.47 million in revenue. Groupon's billings decline Groupon's gross billings declined 2% to $1.43...
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 in sales. In last year's second quarter, the action camera...
Groupon, Whole Foods Market, Marriott, Cirrus Logic - Stocks To Watch After The Market Closes Today Whole Foods Market, Inc. (WFM) Comparable store sales has been slowing for more than two years as consumers questions Whole Food’s pricing strategy. Whole Foods was notorious for jacking up prices until recent pivots towards...
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 a report dated May 1, RBC analyst Mark Mahaney and...
Groupon and Pandora Media released their latest earnings reports after closing bell tonight. Groupon posted losses of 1 cent per share on revenue of $732 million, against the consensus estimates of 2 cents per share in losses on $717.6 million in revenue. Pandora Media posted adjusted losses of 23 cents...
Groupon, Inc. (GRPN) Consumer Discretionary - Internet & Catalog Retail | Reports April 28, After Market Closes Groupon Inc (GRPN) 4Q Earnings - Key Takeaways The Estimize consensus is calling for EPS of $0.00, down 63% in the past 3 months, on $724.22 million in revenue, 3 cents higher than...