SOURCE: Tangent Data Services

Tangent Data Services

February 10, 2015 10:45 ET

Tangent Data Services Provides Quarterly Analytics Ahead of Groupon's Fourth Quarter 2014 Results

NEW YORK, NY--(Marketwired - February 10, 2015) - Tangent Data Services, a real-time data analytics firm providing investment professionals with actionable insights, published its latest analytics in anticipation of Groupon's (GRPN) fourth quarter earnings results on February 12, 2015. Tangent also disclosed the results of its analytics on GrubHub.


Tangent's transactional-based data suggests:

  • 4Q14 North American Gross Billings rose 20% or more Y/Y and could exceed the current market expectation of low to mid-teens Y/Y growth.
  • 1QTD15 North American Gross Billings are trending up 16% Y/Y.


Tangent Data Services released the results of its GrubHub (GRUB) fourth quarter 2014 analytics. In summary, Tangent's data correctly suggested better-than-expected results in three key metrics: 1) Gross Food Sales, 2) Daily Average Grubs, and 3) Active Diners.

  GRUB -- 4Q14 Y/Y %
  Actual Tangent Consensus
Gross Food Sales 37% 36% 32%
Daily Avg Grubs 33% 35% 30%
Active Diners 47% 50% 45%

Tangent's GrubHub data also suggested that first quarter 2015 was off to a solid start -- which was confirmed by GrubHub's disclosure of higher than expected first quarter 2015 guidance.

About Tangent Data Services

Tangent transforms Big Data into actionable insights for investment professionals. Tangent arms clients with value-added weekly insights, key metrics and specific product and subscription trends -- allowing them to act before their peers and before the information is reflected in market prices. Tangent actively aggregates true transactional data on more than 700 global brands. 

Tangent leverages its proprietary data set to offer two unique products:

1) Weekly Monitors - track various weekly key metrics including sales and subscriptions for ecommerce/internet names (i.e. AMZN, EBAY, GRPN, NFLX, GRUB) as well as selected private companies (i.e. UBER, Lyft) based on true transactional information.

2) Monthly Email Marketing Campaign Analytics / Gross Margin Trackers - track monthly promotional activity (and implications for gross margins) for 10,000 brands (including KORS, JCP, COH, BBBY, TWTR, among many others).

In March 2014, Aite Group named Tangent as "One of the Most Innovative Financial Technology Startups for 2014".

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