Groupon (GRPN) Bullish Sales Outlook; Pacific Ethanol (PEIX) Posts Strong Profits Growth


Groupon, Inc. (Nasdaq:GRPN) shares soared more than 20% in after-hours trading Wednesday as the company delivered better-than-expected quarterly financial results and boosted its revenue outlook

For the second quarter 2016, Groupon posted revenue of $756.0 million, a 2.4% increase year over year, and non-GAAP net loss of ($6.8) million, or ($0.01) per diluted share, while Wall Street analysts were expecting a loss of ($0.02) per share on revenues of $710.94 million for the period

The online retailer and marketplace operator has raised its revenue guidance for 2016 to a range of $3.00 billion to $3.10 billion from its previous guidance range of between $2.75 billion and $3.05 billion in revenue, also increasing significantly its 2016 Adjusted EBITDA guidance to a range of $140.0 million to $165.0 million from its previously reported guidance range of between $85 million and $135 million in Adjusted EBITDA for the period

GRPN finished the regular session in negative territory by 3.32% ( or -$0.13) at $3.78 with a total volume of 13,930,729 shares traded, representing a large increase in activity versus its average volume (3m) of 7,581,692

Groupon has 573.48M Shares Outstanding and GRPN stock 52-week range is from $2.15 to $5.28 per share. At close on Wednesday, the company had a Market Capitalization of $2.23B



Shares of Pacific Ethanol, Inc. (Nasdaq:PEIX) climbed over 8% in the extended session Wednesday after the company delivered a strong growth in its quarterly profit and revenue.

For the second quarter 2016, Pacific Ethanol posted record net sales of $422.9 million, an 85% increase year over year, and net income of $4.7 million, or $0.11 per diluted share, versus net income of $0.7 million, or $0.03 per diluted share in the same period the prior year

PEIX stock closed at $6.45, up $0.17 (or +2.71%) and 1.01M of its shares changed hands during the day

Pacific Ethanol, a producer and marketer of low-carbon renewable fuels in the Western United States, has 39.27M Shares Outstanding, Market Capitalization (intraday) of $276.18M and PEIX stock one-year range is between $2.41 and $8.26 per share


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