Around the Net

Groupon Has Healthy Q2

In the second-quarter, Groupon beat analyst estimates on earnings per share and revenue, and even raised revenue guidance for the year, The Chicago Tribune reports. “Revenue for the quarter was $756 million, up more than 2 percent compared to the second quarter of 2015. Analysts had expected revenue to be $711 million,” it writes. “And Groupon lost 1 cent per share, beating an expected loss of 2 cents per share, on a loss of $51.7 million.”

Read the whole story at Chicago Tribune »

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