Grubhub (GRUB) Tops Q2 EPS by 8c, to Acquire LevelUp

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Grubhub Reports Record Second Quarter Results

July 25, 2018 9:01 AM EDT

CHICAGO, July 25, 2018 /PRNewswire/ -- Grubhub Inc. (NYSE: GRUB), the nation's leading online and mobile food-ordering and delivery marketplace, today announced financial results for the second quarter ended June 30, 2018. For the second quarter, the Company posted revenues of $240 million, which is a 51% year-over-year increase from $159 million in the second quarter of 2017. Gross Food Sales grew 39% year-over-year to $1.2 billion, up from $880 million in the year ago period. Grubhub today also announced it entered into an agreement to acquire Boston-based... More