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Groupon Reports Wider Q2 Loss As It Focuses On Evolving Business Model

PYMNTS

Groupon reported a wider-than-expected loss during the second quarter, as it continued its efforts to restructure its core voucher-based business model and expand its international business. The firm said that gross profit fell 6 percent in North America to $219.4 The company reported non-GAAP earnings of $10.7

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How to create & use pro forma statements

Cube Software

Pro forma financial statements and GAAP It's important to note that, since pro forma statements are based on hypothetical or projected data, they are not compliant with generally accepted accounting principles—GAAP statements must be based on actual financial results.

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