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Friday, October 21, 2011

Groupon's Massive Losses Aren't So Massive Anymore

Groupon's Massive Losses Aren't So Massive Anymore


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Friday, October 21, 2011
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Groupon's Massive Losses Aren't So Massive Anymore

Groupon has managed to narrow its losses from $101 million in the second quarter to just $239,00 in the third quarter. On revenues of $430 million, that's basically breaking even.

Considering the fact that everyone thought Groupon was just going to burn cash forever and never turn a profit, this is pretty impressive.

For more, check out a full analysis of Groupon's latest quarterly results →

Read »


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