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> We improved our GAAP EPS during the year from a loss of $0.48 per share in the first quarter of 2011 to a loss of $0.12 per share in the fourth quarter of 201
by georgespencer 14y ago
> We improved our GAAP EPS during the year from a loss of $0.48 per share in the first quarter of 2011 to a loss of $0.12 per share in the fourth quarter of 2011.
Groupon is still accelerating towards demise. It's just now accelerating slightly slower than it was before.
- spitfire 14y agoI'm not sure that word "accelerating" means what you think it means.
- georgespencer 14y agoIt's either a Red Dwarf or H2G2 gag, can't remember. "We're slowing down?" "Sort of. We were accelerating so quickly that we're now just accelerating slightly slower than we were before." My point is that Groupon is the sound of a bunch of people inflating a financial bubble. All this post-IPO bullshit about growth is intended to make it seem like they took a few hits early to get them done with, but once the dust has settled they'll be in a great position. They aggressively scaled a patchy business model and are now trying to fix it.
- spitfire 14y agoSounds like red dwarf. Good show. Sadly dry wit doesn't come across well on HN. Sorry.
- deleted 14y ago[deleted]
- joelrunyon 14y agoAlso, this one > We improved our operating margin from negative 134% to negative 14% for the full year. Isn't this stuff supposed to be worked out before you IPO?
- 46Bit 14y agoYou're not supposed to try and cheat the SEC. It's long seemed that Groupon raced to IPO so that some people got their money before it fell apart.
- nkohari 14y agoNot necessarily. Companies with high enough growth rates just need a line of sight to break-even to be able to go public. Now, whether you should invest in such companies is another topic entirely.
- joelrunyon 14y agoDoes -134% operating margin count as a "line-of-sight to break-even?"