Monday, August 13, 2012

Groupon Posts Stronger-Than-Expected Q2 Earnings: $568.3M Revenue, $28.4M Net Income

Groupon-Logo1Groupon today announced its financial results for the second quarter of 2012, its third quarterly earnings report since its initial public offering in November 2011. Groupon's revenue for the second quarter was $568.3 million, up 45 percent year-over-year. Revenue was up 1.6 percent on a quarter-over-quarter basis, compared to the $559.3 million Groupon brought in during the first quarter of 2012.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/0lyqFjGWXQ0/

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