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GrubHub still hungry for deals to stave off Amazon, Uber — Reuters

GrubHub’s quarterly earning forecast is well ahead of analyst estimates. Not clear if this accretive from recent acquisitions or primarily organic growth. Customers (“diners”) grew by 28 percent year-over-year amid a slew of acquisitions. GrubHub, which now has a restaurant base of nearly 75,000, said it expects revenue of $197 million to $205 million for […]

GrubHub’s quarterly earning forecast is well ahead of analyst estimates. Not clear if this accretive from recent acquisitions or primarily organic growth. Customers (“diners”) grew by 28 percent year-over-year amid a slew of acquisitions.

GrubHub, which now has a restaurant base of nearly 75,000, said it expects revenue of $197 million to $205 million for the current quarter ending December, above analysts’ estimate of $183.8 million.

Source: GrubHub still hungry for deals to stave off Amazon, Uber

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