Groupon slashes reported revenue by half, COO exits after 5 months

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Groupon slashes reported revenue by half, COO exits after 5 months

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Shrey

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Groupon slashes reported revenue by half, COO exits after 5 months

« Posted: September 24, 2011, 04:57:33 AM »

Groupon slashes reported revenue by half, COO exits after 5 months

Chicago-based company is slashing its reported revenues by half--from $713.4 million in 2010 down to $312.9 million--in accordance with accounting revisions prompted by the SEC.

http://feedproxy.google.com/~r/cnet/tcoc/~3/amKGVcCOOF8/


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