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Groupon Falls After Q3 Earnings Miss
Monday, November 4, 2019 - 6:24pm | 204Groupon Inc (NASDAQ: GRPN) shares are falling after reporting a third-quarter earnings and sales miss. Adjusted earnings came in at 1 cent per share, missing estimates by 2 cents. Sales came in at $495.7 million, far below the $525.4 million consensus estimate. "In the third quarter, we...
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Groupon CEO Rich Williams Tells Cramer The 'Old Paper Voucher Experience' Is Over
Thursday, August 3, 2017 - 12:35pm | 380Groupon Inc (NASDAQ: GRPN) impressed investors with its second-quarter earnings report and encouraging outlook, but the company is just getting started on a long-term plan that places a huge focus on mobile. During Groupon's second quarter, billings growth improved from 7 percent in the first...
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Groupon's Bounce-Back Quarter
Wednesday, February 15, 2017 - 10:30am | 356Shares of Groupon Inc (NASDAQ: GRPN) soared higher by more than 13 percent early Wednesday morning after the company reported its fourth-quarter results, which may have reassured investors. Groupon said that it earned $0.07 per share in the fourth quarter on revenue of $934.9 million — good...
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Groupon CEO: 'We Are Happy With Our Progress'
Friday, April 29, 2016 - 1:15pm | 233Rich Williams, Groupon Inc (NASDAQ: GRPN)'s CEO was a guest on CNBC to discuss his company's first quarter results and outlook. Williams began the conversation by stating that he is "pretty happy" with the company's progress and this was evident as Groupon's first quarter revenue and EBITDA...
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Groupon CEO Explains His Four-Part Strategy
Friday, February 12, 2016 - 5:49pm | 375Shares of Groupon Inc (NASDAQ: GRPN) skyrocketed nearly 30 percent on Friday after the company reported a strong fourth quarter, which included an earnings beat and EBITDA guidance raise. Speaking to Bloomberg TV on Friday, Groupon CEO Rich Williams discussed how the company plans to continue...
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2 Analysts Abandoning Groupon… And 1 Still Buying
Wednesday, November 4, 2015 - 11:25am | 1005Shares of Groupon Inc (NASDAQ: GRPN) were trading lower by more than 30 percent shortly after Wednesday's opening bell. Investors and traders fled the stock after the company announced a poor sales outlook. Wall Street's reaction wasn't all doom and gloom as analysts at Brean...
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Groupon Plans To Slash 10% Of Employees, Leave Seven Countries
Tuesday, September 22, 2015 - 4:55pm | 320Shares of Groupon Inc (NASDAQ: GRPN) fell 2.16 percent on Tuesday. The decline seems to have been triggered by the announcement that the company will cut almost 10 percent of its workforce. The firing of 1,100 employees is part of a restructuring plan for its international operations....
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Groupon Shares Sink Amid Management Change, Buyback Increase
Wednesday, June 3, 2015 - 9:16am | 116Shares of Groupon Inc (NASDAQ: GRPN) sank more than 4 percent in Wednesday’s pre-market session. The tech company on Wednesday morning announced that its chief financial officer, Jason Child, has stepped down just as it appoints a new chief operating officer, Rich Williams. Brian Kayman,...
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Summit Research Comments On Oracle Corporation Following Q1 Earnings
Friday, September 19, 2014 - 9:26am | 137In a note released Friday morning, Summit analyst Rich Williams discussed his takeaways from Oracle Corporation's (NYSE: ORCL) first-quarter earnings report and announced management shift. Williams began by noting the company missed consensus on both the top and bottom line, which he said was due...