Groupon just lost $42.7 million in 3 months
Groupon lost $42.7 million last quarter. But during the same period last year, they lost $378.6 million. That’s an 89% “improvement”. From their Q4 results:
Fourth quarter 2011 net loss attributable to common stockholders decreased by 89% to $42.7 million, or a loss of $0.08 per share, from a net loss attributable to stockholders of $378.6 million, or a loss of $1.08 per share, in fourth quarter 2010.
$GRPN is down 15% in after hours trading.