Quarterly Loss, Fourth Quarter Earnings | featured news

Groupon reports quarterly net loss

Groupon Inc reported a quarterly net loss Wednesday as the largest daily deal company recorded higher taxes overseas.

 

Sprint posts deeper 4Q loss on iPhone costs

Sprint

The iPhone helped Sprint gain customers in the latest quarter, but also forced the carrier to post its largest loss in three years because of the high cost of the phone and a network upgrade.

Senh: Yay! Sprint can sell iPhones. Boo! They're losing money because iPhones are too expensive.

 

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