Groupon Q4 Results Top Estimates; Guides Q1 Below Consensus

(RTTNews) - Groupon, Inc. (GRPN) reported et income for the fourth quarter of $8.8 million or $0.01 per share, compared to a net loss of $81.2 million or $0.12 per share for the year-ago quarter.

Excluding items, adjusted earnings for the latest quarter were $0.06 per share.

Revenue for the fourth quarter rose 20% to $925.42 million from $768.45 million in the same quarter last year.

Analysts polled by Thomson Reuters expected the company to earn $0.03 per share on revenue of $908.38 million for the fourth quarter. Analysts' estimates typically exclude special items.

Looking forward to the first quarter, Groupon forecasts revenue of $790 million to $840 million and adjusted earnings of between $0.00 to $0.02 per share. Analysts currently expect the company to earn $0.03 per share on revenue of $856.14 million for the first quarter.

For the full year 2015, Groupon reiterating the target shared at its November 2014 Investor Day of at least 25% year-over-year growth in adjusted EBITDA, or slightly higher on an F/X neutral basis. As such, Groupon expects adjusted EBITDA for the full year of greater than $315 million.