Grubhub First-Quarter Earnings, Revenue Beat Forecasts

Grubhub earnings for the first quarter beat estimates, as did revenue, sending the stock up in after-hours trading on Thursday.

Reporting after the market close, Grubhub(GRUB) reported adjusted earnings of 30 cents per share on revenue of $324 million. Wall Street expected earnings of 25 cents on revenue of $323 million.

…Total food sales for the quarter reached $1.5 billion, a 21% year-over-year increase.


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