Groupon shares surged more than 22 percent on Wednesday on the heels of reporting a strong quarter.
The company posted revenue of $934.9 million during its latest quarterly earnings on Wednesday, beating a Thompson Reuters consensus estimate of $912.8 million. The report showed a marked increase year-over-year, when revenue was reported at $917.2 million. Earnings per share were reported at $0.07, also beating the estimate of $0.02.
