11.02.2016 22:56:41
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Groupon Q4 Profit Tops Estimates - Quick Facts
(RTTNews) - Groupon, Inc. (GRPN) reported a fourth-quarter net loss attributable to common stockholders of $46.5 million, or $0.08 per share compared to net income of $8.8 million or $0.01 per share, last year. Non-GAAP earnings attributable to common stockholders was $23.3 million, or $0.04 per share. On average, 21 analysts polled by Thomson Reuters expected the company to report breakeven per share for the quarter. Analysts' estimates typically exclude special items.
Revenue was $917.2 million in the fourth quarter 2015, compared with $883.2 million in the fourth quarter 2014. Analysts expected revenue of $845.90 million for the quarter.
Groupon continues to expect 2016 revenue of between $2.75 and $3.05 billion. Groupon increased the company's expected 2016 adjusted EBITDA range to between $80 million and $130 million.
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