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Technology Stocks : GrubHub Inc. (GRUB)

GRUB 61.05

-0.1%

Jun 11 5:00 PM EST

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From: JakeStraw	7/24/2014 10:04:20 AM
	of 66

GrubHub Reports Second Quarter Results finance.yahoo.com Record revenues of $60.0 million, growth of 48% Financial Highlights Revenues: $60.0 million, a 48% year-over-year increase from $40.7 million in the second quarter of 2013. Non-GAAP Adjusted EBITDA: $16.9 million, a 56% year-over-year increase from $10.8 million in the second quarter of 2013. Net Income: $2.7 million, a 930% year-over-year increase from $0.3 million in the second quarter of 2013. Key Business Metrics Highlights Active Diners grew 51% to 4.19 million, compared to 2.78 million active diners in the second quarter of 2013. GrubHub Inc. processed 174,500 Daily Average Grubs, a 34% year-over-year increase from 130,100 Daily Average Grubs in the second quarter of 2013. GrubHub Inc. processed $423 million in gross food sales, a 38% year-over-year increase from $307 million processed in the second quarter of 2013.

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