Groupon (GRPN) Tops Q3 EPS by 1c; To Buy Monster Ticket for $260M

November 7, 2013 4:02 PM EST
Groupon (NASDAQ: GRPN) reported Q3 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $595.1 million versus the consensus estimate of $615.69 million.

Groupon sees Q4 EPS of $0.00-$0.02, versus the consensus of $0.06. Groupon sees Q4 revenue of $690-740 million, versus the consensus of $723.68 million.

Groupon today announced it has reached an agreement to acquire Ticket Monster, a leading Korean ecommerce company owned by LivingSocial, Inc., for $260 million in cash and stock. The deal is expected to close in the first half of 2014.

For earnings history and earnings-related data on Groupon (GRPN) click here.

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