Groupon quarterly results top estimates, shares jump

By Alistair Barr (Reuters) - Groupon Inc reported better-than-expected quarterly profit and revenue on Wednesday as the company's main daily deals business in North America turned in a strong performance. Shares of Groupon, the world's largest daily deal company, surged 12 percent to $6.24 in after-hours trading. First-quarter revenue rose to $601.4 million from $559.3 million a year earlier. Groupon was expected to generate revenue of $590 million, according to Thomson Reuters I/B/E/S. ...

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