"We liked the original Groupon Inc (NASDAQ:GRPN) business model of providing a syndicated commerce platform for merchants," the analysts noted. The downgrades came as the company reported a fourth-quarter 1 cent per share loss as compared to the previous year's 2 cents per share loss. Analysts had estimated Groupon Inc (NASDAQ:GRPN) would report a 3 cents per share profit. Looking ahead, the company sees first-quarter revenue to be between $560 million to $610 million while analysts had estimated $650 million.