Care.com (CRCM) Tops Q3 EPS by 6c, Slight Miss on Revenues; Offers FY18 Revenue Outlook

Care.com (NYSE: CRCM) reported Q3 EPS of $0.18, $0.06 better than the analyst estimate of $0.12. Revenue for the quarter came in at $49.16 million versus the consensus estimate of $49.19 million.

“Q3 was another quarter of profitable growth for us. We saw net income grow $1.6 million vs. prior and had another consecutive quarter of double-digit EBITDA margins,” said Sheila Lirio Marcelo, Founder, Chairwoman and CEO of Care.com. “We continued making progress on our key strategic initiatives – including increasing the penetration of Care@Work among the largest and most admired employers – and believe that the building blocks are in place to accelerate top-line growth in 2019 and beyond.”

GUIDANCE:

Care.com sees FY2018 revenue of $192.1-192.5 million, versus the consensus of $192.34 million.

For earnings history and earnings-related data on Care.com (CRCM) click here.

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