Groupon: Q3 Earnings Snapshot
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CHICAGO (AP) — CHICAGO (AP) — Groupon Inc. (GRPN) on Thursday reported a loss of $41.4 million in its third quarter.
The Chicago-based company said it had a loss of $1.31 per share. Losses, adjusted for non-recurring costs and stock option expense, were 12 cents per share.
The online daily deal service posted revenue of $126.5 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $131 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GRPN at https://www.zacks.com/ap/GRPN
