NEW YORK (TheStreet) -- Groupon (GRPN - Get Report)  shares are extending gains, soaring 26.34% to $2.83 on Friday following its 2015 fourth quarter results reported after the markets close on Thursday. 

Earnings of 4 cents a share, exceeded analysts' expectations, as Wall Street thought the company would break even. Revenue of $917.2 million topped forecasts of $845.9 million.

During the same period the year prior, the company posted a profit of 6 cents a share on revenue of $883.2 million.

Active customers grew 3% year-over-year to 48.9 million as of December 31, 2015, the company said. 

Overall, the company saw strong online sales and daily deals in the latest period. Meanwhile, billings increased 11% in North America but declined 13% in Europe, the Middle East and Africa.

Separately, TheStreet Ratings currently has a "Sell" rating on the stock with a letter grade of D. 

The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, weak operating cash flow and generally disappointing historical performance in the stock itself.

Recently, 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.

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

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