Care.com (CRCM) Tops Q1 EPS by 6c

Care.com (NYSE: CRCM) reported Q1 EPS of $0.19, $0.06 better than the analyst estimate of $0.13. Revenue for the quarter came in at $47.3 million versus the consensus estimate of $46.92 million.

“We had a strong first quarter of 2018, with both revenue and EBITDA exceeding our expectations – and generated an incremental $5 million in cash,” said Sheila Lirio Marcelo, Founder, Chairwoman and CEO of Care.com. “As we look ahead to 2018, we will continue to focus on initiatives that we expect will drive long-term profitable growth, with the goal of accelerating our top line in 2019 and beyond.”

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

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