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Grubhub, Inc. – Grubhub Reports Record Second Quarter Results

Second Quarter Financial Highlights Revenues: $120.2 million, a 37% year-over-year increase from $88.0 million in the second quarter of 2015. Non-GAAP Adjusted EBITDA: $37.6 million, a 32% year-over-year increase from $28.4 million in the second quarter of 2015. Net Income: $12.8 million, or $0.15 per diluted share, a 37% year-over-year increase from $9.4 million, or […]

Second Quarter Financial Highlights

Revenues: $120.2 million, a 37% year-over-year increase from $88.0 million in the second quarter of 2015.

Non-GAAP Adjusted EBITDA: $37.6 million, a 32% year-over-year increase from $28.4 million in the second quarter of 2015.

Net Income: $12.8 million, or $0.15 per diluted share, a 37% year-over-year increase from $9.4 million, or $0.11 per diluted share, in the second quarter of 2015.

Non-GAAP Net Income: $19.6 million, or $0.23 per diluted share, a 31% year-over-year increase from $15.0 million, or $0.17 per diluted share.

Second Quarter Key Business Metrics Highlights

Active Diners were 7.35 million, a 24% year-over-year increase from 5.93 million Active Diners in the second quarter of 2015.

Daily Average Grubs were 271,100, a 23% year-over-year increase from 220,100 Daily Average Grubs in the second quarter of 2015.

Gross Food Sales were $733 million, a 29% year-over-year increase from $568 million in the second quarter of 2015.

Source: Grubhub, Inc. – Grubhub Reports Record Second Quarter Results

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