Earnings News
Groupon reports 4Q loss, higher revenue
Groupon investors were expecting a better deal than the surprise loss the company delivered on Wednesday.The online deals site, reporting for the first time as a public company, said its fourth-quarter revenue nearly tripled, but it lost money and its shares fell sharply after hours.Groupon Inc., which went public in November, makes money by taking a cut from the online deals it offers on a variety
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