Grubhub (NYSE: GRUB) reported Q2 EPS of $0.26, in-line with the analyst estimate of $0.26. Revenue for the quarter came in at $158.8 million versus the consensus estimate of $158.16 million.

"Grubhub strives to be the most comprehensive marketplace connecting online takeout diners and restaurants. We continued to execute well in the second quarter, with strong active diner growth and thousands of new, high-quality restaurants," commented Grubhub CEO, Matt Maloney. "In addition, we signed long-term partnerships with Yelp and Groupon to be their preferred online ordering engine, agreeing to purchase Eat24 and select OrderUp markets in the process to add scale, diners and restaurants, and drive more volume to our restaurant partners."

GUIDANCE:

Grubhub sees Q3 2017 revenue of $155-165 million, versus the consensus of $156.65 million.

Grubhub sees FY2017 revenue of $642-662 million, versus the consensus of $653.17 million.

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