Groupon Earnings Report Disappoints Investors | WAMU 88.5 - American University Radio
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Groupon Earnings Report Disappoints Investors

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Groupon was expected to show a profit in its first earnings report since going public last fall. Instead, the company booked a net loss of about eight cents a share last quarter. But Groupon's revenues nearly tripled compared to a year earlier. Wall Street was still disappointed that growth-- especially of new customers-- wasn't stronger.
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