Groupon: Q2 Earnings Snapshot
CHICAGO (AP) — CHICAGO (AP) — Groupon Inc. (GRPN) on Tuesday reported a loss of $10 million in its second quarter.
The Chicago-based company said it had a loss of 25 cents per share. Losses, adjusted for stock option expense and non-recurring costs, came to 2 cents per share.
The online daily deal service posted revenue of $124.6 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $121.7 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
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