Groupon (GRPN) on Monday launched a point-of-sale terminal for small businesses, a move intended to spur small-business owners to further integrate Groupon marketing into their daily routines. Besides being a point-of-sale device, the company’s “Gnome” terminal will help businesses “run their entire operation and enable them to create real-time promotions” on Groupon, CEO Eric Lefkofsky said in a press release announcing Gnome’s debut.. The
Daily deals company Groupon’s (GRPN) Q1 sales guidance blew away analyst expectations, but the company said its full-year earnings would be only “slightly above” 2013 levels, sending the stock plummeting Friday. The Chicago-based company late Thursday said it expects current-quarter sales of $710 million to $760 million, or $735 million at the midpoint. Analysts had been modeling $669 million, according to Thomson Reuters. But the company says
Daily deals website Groupon (GRPN) is expected to have swung to a profit in Q4, as the company attempts to revitalize its business with new offerings. Analysts expect the Chicago-based company to report EPS ex items of 2 cents vs. a penny loss in the year-earlier period, according to Thomson Reuters. Analysts see a net loss of 2 cents per share. Sales are expected to rise 12.5% to $718 million. Groupon is attempting a transition from an