Grubhub (GRUB) Tops Q1 EPS by 13c, Offers Q2 & FY Guidance
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Grubhub Reports Record First Quarter Results
May 1, 2018 9:00 AM EDTCHICAGO, May 1, 2018 /PRNewswire/ --Â Grubhub Inc. (NYSE: GRUB), the nation's leading online and mobile food-ordering and delivery marketplace, today announced financial results for the first quarter ended March 31, 2018. For the first quarter, the Company posted revenues of $232.6 million, which is a 49% year-over-year increase from $156.1 million in the first quarter of 2017. Gross Food Sales grew 39% year-over-year to $1.2 billion, up from $898 million in the year-ago period.
"Our team executed well in the first quarter, making meaningful progress toward our most significant goals for 2018. We've already launched dozens of new delivery markets,... More
