Groupon rebounds with $559M in Q1 revenue

Still reeling from a disastrous fourth quarter, Groupon beat Wall Street’s expectations and reported $559.3 million in revenue and $39.6 million in operating income for the first quarter of 2012. Monday’s earnings report is Groupon’s second since opening on the NASDAQ in November.

Why Andrew Mason is still wrong about Groupon’s prospects

After an accounting restatement, a shuffling of its board of directors and Groupon’s stock falling to below 50 percent of its initial public offering price (and 66 percent off the high it reached on its first day of trading), Groupon CEO Andrew Mason wrote a letter to shareholders yesterday to try to swing the momentum back in the company’s favor.

andrew mason at dld

Groupon CEO Andrew Mason is grumpy, takes on critics at DLD

Groupon CEO Andrew Mason is grumpy. Donning jeans, a white collared shirt and black blazer, and shucking the goofy boy demeanor he’s known for, Mason took the stage at the Digital Life Design conference in Munich today and candidly shot down criticisms of his fast-growing, oft-attacked company.

Is Groupon worth $25B? (Poll)

Daily deals giant Groupon might be in talks with several banks to file for an initial public offering later this year that would value the company at $25 billion, according to sources familiar with the discussions.