Grubhub (GRUB) Tops Q3 EPS by 4c, Offers Q4 Guidance

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Grubhub Reports Record Third Quarter Results

October 25, 2018 9:00 AM EDT

CHICAGO, Oct. 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 third quarter ended Sept. 30, 2018. The Company posted revenues of $247 million, which is a 52% year-over-year increase from $163 million in the third quarter of 2017. Gross Food Sales grew 40% year-over-year to $1.2 billion, up from $867 million in the year ago period.

"We added more organic new diners this quarter than ever before, helping drive... More