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NEW YORK (TheStreet) -- Shares of Groupon (GRPN) - Get Groupon, Inc. Report were falling 8.56% to $4.81 in after-hours trading on Wednesday after the company reported its 2016 third quarter results. 

After today's closing bell, the Chicago-based e-commerce marketplace operator reported an adjusted loss of one cent per share, which matched Wall Street's projections.

Groupon said that revenue rose 1% year-over-year to $720.5 million, topping analysts' estimates of $710.5 million.

During the quarter, gross billings fell 2% to $1.43 billion from last year.

For the full year, Groupon expects revenue between $3.08 billion and $3.15 billion vs. its prior forecast of $3.00 billion to $3.10 billion. Analysts are looking for revenue of $3.10 billion for 2016.

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The company also said it would acquire online marketplace LivingSocial. Groupon expects the deal to close by early November 2016. The acquisition consideration "is not material," according to a statement. 

About 15.85 million shares of Groupon traded today vs. its 30-day average volume of 5.37 million.

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "sell" with a ratings score of D.

The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity, weak operating cash flow and feeble growth in its earnings per share.

You can view the full analysis from the report here: GRPN

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