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Groupon: Q3 Earnings Snapshot
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CHICAGO (AP) — CHICAGO (AP) — Groupon Inc. (GRPN) on Monday reported a loss of $1.1 million in its third quarter.

On a per-share basis, the Chicago-based company said it had a loss of 3 cents.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 1 cent per share.

The online daily deal service posted revenue of $125.5 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $129.4 million.

For the current quarter ending in December, Groupon said it expects revenue in the range of $133 million to $136 million.

The company expects full-year revenue in the range of $500 million to $503 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GRPN at https://www.zacks.com/ap/GRPN

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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