Care.com misses by $0.07, reports revs in-line; guides Q3 EPS below consensus, revs above consensus; reaffirms FY18 EPS guidance, guides FY18 revs in-line
- Reports Q2 (Jun) earnings of $0.04 per share, excluding non-recurring items, $0.07 worse than the Capital IQ Consensus of $0.11; revenues rose 9.5% year/year to $46 mln vs the $45.91 mln Capital IQ Consensus.
- "Our total members grew 17% to 29.6 million at the end of the second quarter of 2018, compared to 25.2 million in the same period of 2017."
- Co issues mixed guidancefor Q3, sees EPS of $0.12, excluding non-recurring items, vs. $0.14 Capital IQ Consensus Estimate; sees Q3 revs of $49.0-49.3 mln vs. $48.98 mln Capital IQ Consensus Estimate.
- Co issues guidancefor FY18, reaffirms EPS of $0.65-0.67, excluding non-recurring items, vs. $0.68 Capital IQ Consensus Estimate; narrows FY18 revs to $191.5-193.0 mln from $191-193 mln vs. $192.22 mln Capital IQ Consensus Estimate.
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