Care.com Announces Fourth Quarter and Fiscal 2018 Financial Results

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Care.com (CRCM) Tops Q4 EPS by 5c, Slight Miss on Revenues

March 7, 2019 6:03 AM EST

Care.com (NYSE: CRCM) reported Q4 EPS of $0.26, $0.05 better than the analyst estimate of $0.21. Revenue for the quarter came in at $49.8 million versus the consensus estimate of $49.99 million.

2018 was a strong year for Care.com, as we continued to drive profitable growth while investing in our mobile-first consumer platform and our enterprise Care@Work business, said Sheila Lirio Marcelo, Founder, Chairwoman and CEO of Care.com. It was another year of continuous topline growth and net income. We also saw an expansion in EBITDA margin and a $25.8M increase in cash and short-term... More