Care.com Announces Strong Second Quarter 2018 Financial Results
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Care.com (CRCM) Tops Q2 EPS by 3c, Slight Beat on Revenues; Offers FY18 EPS Guidance Below Consensus
July 30, 2018 6:09 AM EDTCare.com (NYSE: CRCM) reported Q2 EPS of $0.14, $0.03 better than the analyst estimate of $0.11. Revenue for the quarter came in at $46 million versus the consensus estimate of $45.93 million.
We had a strong second quarter of 2018, with revenue at the top end of our guidance range and while we were just below breakeven on GAAP net income as a result of the foreign exchange impact of a weakening Euro EBITDA generated across our businesses exceeded our expectations and EBITDA margin was double prior year at 13%. These notable EBITDA gains were driven by the... More
