
Groupon (NASDAQ:GRPN) Posts Earnings Results, Misses Expectations By $0.30 EPS

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Groupon (NASDAQ:GRPN) reported quarterly earnings of ($0.32) EPS, missing estimates by ($0.30). The company had a negative net margin of 20.78% and revenue of $117.20 million, slightly below expectations. Despite the disappointing results, CEO expressed confidence in future performance, with international local revenue rising 10%. Analysts have mixed ratings, with a downgrade to "sell" from Wall Street Zen and a reduced price target from Goldman Sachs. The stock traded up to $17.78, with a market cap of $689.86 million and a PE ratio of -6.81.
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