Groupon Inc. posted a net loss in the third quarter and slashed its forecast for full-year operating income, as the company’s international segments continued to lag its North American operations.
Chicago-based Groupon reported a net loss of $2.6 million in the third quarter, compared with a net loss of $3 million a year earlier. The results showed that the company’s international segments are still performing poorly, despite ongoing efforts to improve them. While North American revenue jumped 24 percent on the year to $360.8 million, revenue in the EMEA region — Europe, the Middle East and Africa — dropped 21 percent to $148 million. Groupon did note that in the comparable period of 2012, the company recorded a one-time revenue increase of $18.5 million stemming from a German tax ruling on unredeemed vouchers.
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