Groupon reports mixed Q4, paid nothing for LivingSocial

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CHICAGO, IL - JUNE 10:  The Groupon logo is displayed in the company's international headquarters on June 10, 2011 in Chicago, Illinois. Groupon, a local e-commerce marketplace that connects merchants and consumers by offering goods and services at a discount, announced June 2 that it had filed with the Securities and Exchange Commission for a proposed initial public offering of its Class A common stock. The company, launched in Chicago in November 2008 now markets products and services in 43 countries around the world.  (Photo by Scott Olson/Getty Images) Groupon, the daily deals platform that has been restructuring itself and trying to shift into more profitable areas of e-commerce, today reported its Q4 earnings. They were mixed. The company beat on sales of $934.9 million but with a net loss of $50.2 million, working out to a non-GAAP EPS of $0.07. Analysts were expecting revenues of $912.8 million, and non-GAAP earnings per share of… Read More