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Wednesday, November 6, 2019

Care.com +4% after beats, in-line view

Care.com (NYSE:CRCM) is up 4% after this morning’s Q3 beats and in-line Q4 guidance, which sees revenue of $50.7-50.9M (consensus: $50.78M) and $0.17 EPS (flat with consensus).
U.S. consumer revenue grew 3% Y/Y in Q3 to $39.5M. Other businesses totaled $13.8M, up 29%.
Total members were up 14% to 35.2M and total families rose 16% to 20.6M.

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