Groupon Announces Third Quarter 2016 Results

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Groupon (GRPN) Tops Q3 EPS by 1c; Guides Higher, Acquires LivingSocial

October 26, 2016 4:07 PM EDT

Groupon (NASDAQ: GRPN) reported Q3 EPS of ($0.01), $0.01 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $720.5 million versus the consensus estimate of $710.47 million.

Gross Billings were $1.43 billion in the third quarter 2016, down 2% from $1.47 billion in the third quarter 2015.

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