Groupon’s Q3 Earnings Miss The Mark

Groupon’s third quarter 2012 report has failed to meet expectations, ringing in at $0.00 per share as opposed to a predicted profit of $0.04 per share, reports Tech Crunch. The company reported $568.6 million in revenue and a net operating income of $25.4 million.

In other Groupon news, the daily deals site has begun testing a deal search feature in Chicago and New York.

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