Groupon earnings, revenue top expectations

MarketWatch.com - MarketPulse SAN FRANCISCO (MarketWatch) -- Groupon Inc. on Thursday reported a fiscal fourth-quarter loss of $81.2 million, or 12 cents a share, on revenue of $768.4 million. During the same period a year ago, the online daily deal and e-commerce company lost $81.1 million, or 12 cents a share, on $638.3 million in sales. Excluding one-time items, Groupon would have earned 4 cents a share. Analysts surveyed by FactSet had forecast Groupon to earn 2 cents a share on $720.6 million in revenue. Groupon shares climbed as much as 16% in after-hours trading following the release of the results.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.