Groupon (NASDAQ:GRPN) Cheers to Posts Quarter Results- GRPN, YHOO, ZNGA, RENN, AKAM, ACOM, BIDU

Groupon Inc (NASDAQ:GRPN) reported its Q1 profit by leading in marketing spending and signing up more customers and merchants, sending its stock around 18% higher.

The fledgling firm began by music graduate Andrew Mason, which had missing half its value current year on concern around waning demand for its daily deals and persistent accounting problems, on Monday surpassed Wall Street’s anticipations for earnings and revenue growth.

Sector analysis, over all tech sector moved up, Yahoo! Inc. (NASDAQ:YHOO) rose +2.04%, Zynga Inc (NASDAQ:ZNGA) grew +6.28%, Renren Inc (NYSE:RENN) fell -3.51%, Akamai Technologies, Inc. (NASDAQ:AKAM) moved down -4.84%, Inc (NASDAQ:ACOM) which also decreased -13.72% and, Inc. (ADR) (NASDAQ:BIDU) slipped -0.33%.

Groupon Inc (NASDAQ:GRPN) stock in last session held volume of 16.46 million shares as compare to its average volume of 2.87 million shares. The stock after opening at $10.22 hit high price of $12.18 and then closed at $11.73 by scoring +18.54%.

As the revenue measures GRPN generated revenue of 1.61 billion in the following twelve months income of -$279.86 million. The Company showed a negative -18.49% in the net profit margin and in decline to in its operating margin which remained -14.49%.

The stock showed weekly upbeat performance of 12.19% which was maintained for the month at -10.56%. Likewise the negative performance for the quarter was recorded as -39.67% while the YTD performance remained at -43.12%.

The GRPN past twelve months price to sales ratio was 4.72 and price to cash ratio remained 6.77. As far as the returns are concern, the GRPN return on equity was recorded as -79.11% and increased -75.64% return on investment while its return on asset stayed at -27.62%.

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