Shares of GrubHub GRUB rose in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share decreased 0.00% year over year to ($0.56), which missed the estimate of $0.02.
Revenue of $550,592,000 up by 51.69% from the same period last year, which beat the estimate of $522,260,000.
Outlook
GrubHub hasn't issued any earnings guidance for the time being.
GrubHub hasn't issued any revenue guidance for the time being.
Price Action
52-week high: $85.53
Company's 52-week low was at $42.82
Price action over last quarter: down 2.46%
Company Profile
Founded in 2004, Grubhub provides an online takeout food platform for diners and restaurants. The firm generates revenue by charging restaurants a commission based on each order amount. It also charges consumers a delivery fee for orders where the firm handles the delivery. Grubhub has over 50,000 restaurant partners.
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