Groupon Stock Craters After Earnings. The Turnaround Is Taking Longer Than Hoped.

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 97%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

In addition to earnings, Groupon announced plans for an $80 million rights offering.

Groupon stock is getting clobbered after the online deals provider posted disappointing third-quarter financial results along with fourth-quarter guidance that came in below Wall Street’s estimates.

“Transforming a business like Groupon is not easy,” interim CEO Dušan Šenkypl, a principal in Pale Fire, said in a letter to shareholders. “With this financing plan along with the actions we have taken year to date to create an efficient cost structure, I feel confident that we will be able to provide clarity to all stakeholders—from customers, merchants, employees, suppliers and capital market participants—that Groupon has the liquidity it needs to support our transformation plan.

Adjusted profit were 12 cents a share, a penny above consensus estimates. Adjusted Ebitda, or earnings before interest, taxes, depreciation and amortization, was $18.2 million an improvement from a loss of $8.6 million in the year-ago quarter. Under generally accepted accounting principles, the company lost $41.4 million, or $1.31 a share.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 3. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Groupon's stock craters as CEO says business 'continues to be challenged'Company announces $80 million rights offering
ソース: MarketWatch - 🏆 3. / 97 続きを読む »

Stock Market Today: S&P 500 Eyes 9-Day Winning Streak; Disney Stock in FocusLive updates on stocks and financial news, including the S&P 500, Dow and Nasdaq Composite.
ソース: WSJ - 🏆 98. / 63 続きを読む »

Stock Market News Today: S&P 500 on Winning Streak; Disney Stock in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
ソース: WSJ - 🏆 98. / 63 続きを読む »

Stock Market News Today: S&P 500 on Winning Streak; Disney Stock in FocusLive coverage of stocks, financial and economic news, including the S&P 500, Dow and Nasdaq Composite.
ソース: WSJ - 🏆 98. / 63 続きを読む »