Tuesday, August 14, 2012

Groupon shares dive 18% on revenue miss-The company's second ...

Groupon online

The company?s second-quarter earnings more than doubled expectations, but investors focused on a revenue miss and punished the stock.After the closing bell on Monday, Groupon reported that it earned 8 cents per share (excluding some charges) versus the 3 cents that analysts polled by Thomson Reuters predicted. Groupon?s sales rose 45% over the year to about $568 million ? but that still missed the $573 million that analysts expected.

What Is Groupon ????

Source: http://businessmarketingpower.com/2012/08/groupon-shares-dive-18-on-revenue-miss-the-companys-second-quarter-earnings-more-than-doubled-expectations/

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