Groupon is soaring after its revenue beat (GRPN)

pulse

February 15, 2017 4:35 PM

Groupon acquired rival Living Social last quarter for a "non material" amount.

Workers work on projects at Groupons international headquarters on June 10, 2011 in Chicago, Illinois.

Groupon is up after reporting fourth-quarter earnings on Wednesday morning.

For the full year 2017, Groupon expects gross profit to be in the range of $1.30 billion and $1.35 billion, an increase of $40 to $90 million compared to full-year 2016 results.

Groupon also expects Adjusted EBITDA to be in the range of $200 million and $240 million, an increase of $16 to $56 million compared to full-year 2016 results.

pulse

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng