roupon Outlook Hurt By Currency Exchange; Stock Down In Pre-Market

Groupon Inc: beat fourth-quarter income but offered an perspective below the agreement, stating forex trading problems.

The Chicago-based e-commerce industry organization altered recently at $7.41, off $0.05.

Groupon completed “a life changing year” in 2014, according to Primary Professional Eric P. Lefkofsky.

“We now turn our attention to further building out our industry,” Lefkofsky said in a declaration.

Groupon expected first-quarter modified profits between $0.00 and $0.02 a discuss, on income of between $790 thousand and $840 thousand.

Wall Road desires modified income of $0.03 a discuss, on income of $856.14 thousand.

The organization said a more powerful dollar will lower its first-quarter income growth by 500 basis points.

In the latest 4th 1 / 4, total billings increased 31 % to $2.1 billion dollars, while income, not including the impact of forex trading, increased 25 %.

Groupon thrown to a fourth-quarter net benefit of $8.79 thousand, or $0.01 a discuss, from a year-earlier loss of $81.25 thousand, or $0.12 a discuss.

Adjusted income for the latest period equaled $0.06 a discuss, while income increased to $925.42 thousand, from $768.45 thousand the season before.

Wall Road expected modified benefit of $0.03 a discuss, on income of $908.38 thousand.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s