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VOL. 36 | NO. 5 | Friday, February 3, 2012




Groupon reports 4Q loss, higher revenue

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CHICAGO (AP) — Online deals site Groupon, reporting for the first time as a public company, says its fourth-quarter revenue rose sharply, but it lost money.

Groupon Inc. said Wednesday that its net loss attributable to common shareholders was $42.7 million, or 8 cents per share, for the period. A year earlier, it booked a larger loss of $378.6 million, or $1.08 per share.

Groupon says its adjusted loss was 2 cents per share, while analysts expected an adjusted profit of 3 cents per share.

Revenue was $506.5 million, nearly triple last year's $172.2 million for the quarter.

FactSet says analysts expected $473.1 million.

Groupon went public in November. It makes money from taking a cut from the online deals it offers, ranging from restaurant meals to weekend getaways.

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RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0