Care.com (NYSE: CRCM) reported Q2 EPS of $0.11, $0.09 better than the analyst estimate of $0.02. Revenue for the quarter came in at $42 million versus the consensus estimate of $41.34 million.

Financial Results

• Revenue for the second quarter of 2017 was $42.0 million, a 10% increase from $38.2 million in the second quarter of 2016.
• Revenue attributable to the US Consumer offering totaled $33.4 million in the second quarter of 2017, an increase of 9% from $30.7 million in the second quarter of 2016.
• Revenue attributable to the Care@Work and B2B Offerings, as well as our services in our international markets, totaled $8.6 million in the second quarter of 2017, an increase of 15% from $7.5 million in the second quarter of 2016.
• Income from continuing operations in the second quarter of 2017 was $1.7 million compared to a loss of $3.4 million in the second quarter of 2016, an improvement of $5.1 million or 12.8 percentage points of margin.
• Adjusted EBITDA was income of $2.6 million in the second quarter of 2017, compared to $1.0 million in the second quarter of 2016, an improvement of $1.6 million.
• GAAP EPS (Diluted) was $0.03 in the second quarter of 2017, compared to a loss of $0.11 in the second quarter of 2016. Q2 GAAP EPS (Diluted) was based on 32.2 million weighted average diluted shares outstanding versus 32.1 million in the second quarter of 2016. Note that GAAP EPS (Diluted) for the second quarter includes $0.02 of costs associated with our Series A preferred stock.
• Non-GAAP EPS (Diluted) was $0.11 in the second quarter of 2017, compared to a loss of $0.03 in the second 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 $86.8 million in cash and cash equivalents and short-term investments.

GUIDANCE:

Care.com sees FY2017 EPS of $0.37-$0.40, versus the consensus of $0.37. Care.com sees FY2017 revenue of $172-173.5 million, versus the consensus of $172.8 million.

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