Grubhub (GRUB) Tops Q1 EPS by 5c, Offers Q2 & FY Guidance
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Grubhub Reports Record First Quarter Results
April 27, 2017 9:01 AM EDTCHICAGO, April 27, 2017 /PRNewswire/ -- Grubhub Inc. (NYSE: GRUB), the nation's leading takeout marketplace, today announced financial results for the first quarter ended March 31, 2017. DAGs grew 21% year-over-year, and the Company posted quarterly revenues of $156.1 million, which is a 39% year-over-year increase from $112.2 million in the first quarter of 2016.
"More new diners tried Grubhub than ever before in the first quarter. We are seeing clear signs of success from a more diverse restaurant base, broader marketing reach, and continuous improvement of our product," said Matt Maloney, Grubhub CEO. "We already had... More
