Groupon Announces Fourth Quarter 2011 Results ⇥

Fourth quarter 2011 net loss attributable to common stockholders decreased by 89% to $42.7 million, or a loss of $0.08 per share, from a net loss attributable to stockholders of $378.6 million, or a loss of $1.08 per share, in fourth quarter 2010.

GRPN is down 15% in after-hours trading. Something still seems fishy with this company. Also, they’re still losing massive amounts of money, despite the “improvements” they cite:

Full year 2011 loss from operations was $203.4 million, compared with the loss from operations of $420.3 million in 2010.