Care.com (CRCM) Tops Q1 EPS by 6c

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Care.com Announces First Quarter 2018 Financial Results

May 8, 2018 6:00 AM EDT

Reports $2.7M Net Income

Adjusted EBITDA Year-over-Year Growth Exceeds 100%

WALTHAM, Mass.--(BUSINESS WIRE)-- Care.com (NYSE: CRCM), the world's largest online destination for finding and managing family care, today is announcing financial results for the first quarter ended March 31, 2018.

We had a strong first quarter of 2018, with both revenue and EBITDA exceeding our expectations and generated an incremental $5 million in cash, said Sheila Lirio Marcelo, Founder, Chairwoman and CEO of Care.com. As we look ahead to 2018, we will continue to focus on... More