Groupon Q4 Loss Deepens
Groupon has released its fiscal Q4 and 2012 results, and the daily-deals leader saw its losses increase. For the quarter, the company's revenue grew by nearly 30% on a year-over-year basis to $638 million. Net loss attributable to stockholders was $81 million ($0.12 per diluted share), which was deeper than the $65 million ($0.12) loss of Q4 2011.
For the full year, the top line totaled $2.3 billion and the ompany's net loss was $67 million ($0.10 per diluted share), against 2011's sales of $1.6 billion and net loss of $373 million ($1.03).
Groupon also provided selected guidance for future periods.The company anticipates that Q1 2013 revenue will be $560 million-$610 million, and the operating result will be between a loss of $10 million and a profit of the same number. For the full year, the company only said operating income should increase on a year-over-year basis.
The article Groupon Q4 Loss Deepens originally appeared on Fool.com.
Fool contributor Eric Volkman and The Motley Fool have no position in Groupon. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.