Groupon (GRPN) Misses on Revenue, Shares Plunge 17%

Groupon Inc (GRPN) shares were down as much as 17% in after hours trading in reaction to earnings. The daily Internet deals provider reported Q2 sales of $751.6 million, yielding EPS of a penny per share, excluding non-recurring items. Analysts had been expecting earnings of a penny per share on $762.07 million. Gross profit was […] View the full post at: Groupon (GRPN) Misses on Revenue, Shares Plunge 17% Related posts: Rethinking California’s Revenue Structure Atlas Pipeline (APL) Shares Soar On Nat Gas Asset Sale Top After-Hours Earnings (May 3)