Care.com (NYSE: CRCM) reported Q1 EPS of $0.07, $0.05 better than the analyst estimate of $0.02. Revenue for the quarter came in at $43.4 million versus the consensus estimate of $42.44 million.

"Q1 was a strong start to 2017 for us. We exceeded our expectations on both the top and bottom lines and increased our guidance for the full year,” said Sheila Lirio Marcelo, Founder, Chairwoman and CEO of Care.com. “As we continue to innovate, we intend to further strengthen what is today the largest two-sided network for finding and managing family care in the home while further expanding our margins in 2017 and increasing shareholder value. We are committed to growing profitably as we drive toward our long-term EBITDA margin target of 20 to 25%.”

• Revenue for the first quarter of 2017 was $43.4 million, a 10% increase from $39.3 million in the first quarter of 2016.
  • Revenue attributable to the US Consumer offering totaled $35.2 million in the first quarter of 2017, an increase of 10% from $32.1 million in the first quarter of 2016.
  • Revenue attributable to the Care@Work and B2B Offerings, as well as our services in our international markets, totaled $8.2 million in the first quarter of 2017, an increase of 14% from $7.2 million in the first quarter of 2016.
• Income from continuing operations in the first quarter of 2017 was $0.8 million compared to a loss of $1.1 million in the first quarter of 2016, an improvement of $1.9 million or 5 percentage points of margin.
• Adjusted EBITDA was income of $3.1 million in the first quarter of 2017, compared to $1.6 million in the first quarter of 2016, an improvement of $1.5 million.
• GAAP EPS (Diluted) was $0.01 in the first quarter of 2017, compared to $0.20 in the first quarter of 2016, which included $0.23 of income associated with discontinued operations. Q1 GAAP EPS (Diluted) was based on 31.3 million weighted average basic shares outstanding versus 33.6 million in the first quarter of 2016. Note that GAAP EPS for the first quarter includes $(0.02) of costs associated with our Series A preferred stock.
• Non-GAAP EPS (Diluted) was $0.07 in the first quarter of 2017, compared to $0.01 in the first quarter of 2016. Note that Non-GAAP EPS excludes the impact of non-cash stock-based compensation and other non-recurring items, such as M&A expenses and restructuring costs.
• The Company ended the quarter with $81.3 million in cash and cash equivalents and short-term investments.

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