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Groupon Forecasts Profit Growth on First Analyst Day

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Groupon Inc., which is hosting its first analyst day, is touting profit and revenue growth for the next three years as the daily-deals company shifts from an e-mail model to a full-blown e-commerce site.

Groupon said it expects revenue growth of more than 15 percent next year, according to presentation slides for the event, which would equate to at least about $3.6 billion, in line with analysts’ estimates. Adjusted earnings will rise even faster, with the company projecting a more than 25 percent increase next year.