Groupon Inc. shares tumbled more than 35% in Thursday’s extended session after the discounting marketplace announced a new rights offering and acknowledged “challenged” business conditions.
Groupon GRPN, -2.73% also posted third-quarter results, showing revenue down to $126.5 million from $144.4 million a year prior and slightly below the $129.7 million FactSet consensus, which is based on estimates from three analysts. “We are turning our focus to delivering projects across product, engineering, sales, marketing and revenue management that we expect will reinvigorate our marketplace and position our business to return to growth,” interim CEO Dusan Senkypl said in a release.
ایران آخرین اخبار, ایران سرفصلها
Similar News:همچنین می توانید اخبار مشابهی را که از منابع خبری دیگر جمع آوری کرده ایم، بخوانید.
President Biden's AI executive order has 'dangerous limitations,' says deepfake detection company CEOReality Defender CEO Ben Colman raised concerns about President Biden's executive order, warning that watermarking is a 'Band-Aid' for AI-generated content.
ادامه مطلب »