For their last quarter (NY Times): "Zynga said its net loss was $85.4 million, or 12 cents a share, in the most recent three months."
Groupon has lost a lot of money the last four quarters. Their latest quarter could best be described as break-even, and negative with option expenses.
Reuters: "Groupon reported first-quarter pro-forma net income, which excludes option expenses, of 2 cents per share, versus a net loss of 41 cents a share, a year earlier."
No doubt the right direction. However, a company that's break even, with $2.x billion in annual sales, is not worth $8 billion. It's a lot better than the $20x billion they were formerly worth of course.
For their last quarter (NY Times): "Zynga said its net loss was $85.4 million, or 12 cents a share, in the most recent three months."
Groupon has lost a lot of money the last four quarters. Their latest quarter could best be described as break-even, and negative with option expenses.
Reuters: "Groupon reported first-quarter pro-forma net income, which excludes option expenses, of 2 cents per share, versus a net loss of 41 cents a share, a year earlier."
No doubt the right direction. However, a company that's break even, with $2.x billion in annual sales, is not worth $8 billion. It's a lot better than the $20x billion they were formerly worth of course.