GRPN is reporting the following :
Q1 Sales actual $757.60 million vs expectations of $738.40 million ...a beat by $19.20 million
Q1 EPA actual loss of 1 cents vs expectations of loss of 3 cents...a beat by 2 cents
Q2 guidance Sales $750 million vs expectations of $754.37 million..a miss by $4.37 million
Q2 guidance EPS of 1 cent vs expectations of 3 cents...a miss by 2 cents.....
GRPN is raising its full year outlook for adjusted EBITDA to exceed $300 million...
Conference call @ 5 PM
Bid $6.29 Ask $6.33, closed @ $6.72.....
BLOG does NOT give buy or sell.
Saleem
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