Care.com Announces First Quarter 2019 Financial Results; Highlights Increased Focus on Safety
CARE.COM (CRCM)
Last care.com earnings: 11/6 06:00 am
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US:NYSE Investor Relations:
investors.care.com/investors/default.aspx
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Source: Business Wire
WALTHAM, Mass.--(BUSINESS WIRE)-- Care.com (NYSE: CRCM), the world's largest online destination for finding and managing family care, today is announcing financial results for the first quarter ended March 30, 2019. “In Q1 we saw strong revenue growth of 13% versus Q1 2018,” said Sheila Lirio Marcelo, Founder, Chairwoman and CEO of Care.com. “In addition to sharing our solid Q1 financial results, we are making important safety-related announcements today. We believe that investing in our new safety enhancements while maintaining our investments in the overall user experience will enable us to continue to build trust in our leading brand – thereby driving member growth, improving lifetime value, and sustaining ongoing profitable growth.” Financial Results Revenue for the first quarter of 2019 was $53.3 million, an increase of 13% from $47.3 million in the first quarter of 2018.
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