Care.com (CRCM) Tops Q2 EPS by 3c, Slight Beat on Revenues; Offers FY18 EPS Guidance Below Consensus

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Care.com Announces Strong Second Quarter 2018 Financial Results

July 30, 2018 6:00 AM EDT

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 second quarter ended June 30, 2018.

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... More