GrubHub Inc., together with its subsidiaries, provides an online and mobile platform for restaurant pick-up and delivery orders in the United States. The company connects approximately 40,000 local restaurants with diners in approximately 1,000 cities. It operates GrubHub and Seamless Websites through grubhub.com and seamless.com. The company also offers GrubHub and Seamless mobile applications and mobile Websites for iPhone, iPad, Android, iWatch, and Apple TV devices; and Seamless Corporate program that helps businesses address inefficiencies in food ordering and associated billing. In addition, it provides Allmenus.com and MenuPages, which provide an aggregated database of approximately 3...
111 West Washington Street
Chicago, IL 60602
Founded in 1999
Seamless Unveils Turnkey Delivery Service in Manhattan
Aug 17 16
Seamless has launched its turnkey delivery service in Manhattan. Diners are benefiting from the ability of the vast, reliable driver network to deliver food from local favorites and top-rated Manhattan restaurants in under 30 minutes. Local restaurants are reaping the benefits of reaching more Seamless diners - the large network of hungry diners in Manhattan. By outsourcing their restaurants' delivery needs to a reliable service with such a captive audience, restaurants are experiencing a significant increase in order volume and gross food sales. In fact, L.E.S Kitchen, known for delicious comfort fare, has seen a 35% increase in orders over the past two months. The new turnkey service allows Seamless to deliver for some of Manhattan's hottest restaurants, offering diners great options at a lower overall cost. Seamless' delivery service is working with a number of local favorites, including: Ivan Ramen, Black Seed Bagel East Village and Nolita locations. BONMi Upper West Side, Chelsea and Nolita locations. Creamline. Just Salad.
GrubHub Inc. Presents at 36th Annual Canaccord Genuity Growth Conference 2016, Aug-11-2016 08:30 AM
Aug 7 16
GrubHub Inc. Presents at 36th Annual Canaccord Genuity Growth Conference 2016, Aug-11-2016 08:30 AM. Venue: InterContinental Hotel, Boston, Massachusetts, United States.
GrubHub Inc. Reports Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2016; Provides Financial Guidance for the Third Quarter Ending September 30, 2016 and Full Year Ending December 31, 2016
Jul 28 16
GrubHub Inc. reported consolidated earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues of $120,173,000 compared to $87,955,000 a year ago. Income before provision for income taxes was $22,512,000 compared to $16,197,000 a year ago. Net income attributable to common stockholders was $12,805,000 or $0.15 per basic and diluted share compared to $9,352,000 or $0.11 per diluted share a year ago. Adjusted EBITDA was $37,599,000 compared to $28,418,000 a year ago. Non-GAAP net income was $19,579,000 or $0.23 per diluted share compared to $15,000,000 or $0.17 per diluted share a year ago.
For the six months period, the company reported revenues of $232,413,000 compared to $176,204,000 a year ago. Income before provision for income taxes was $39,843,000 compared to $34,622,000 a year ago. Net income attributable to common stockholders was $22,738,000 or $0.27 per diluted share compared to $19,922,000 or $0.23 per diluted share a year ago. Net cash provided by operating activities was $37,193,000 compared to $30,544,000 a year ago. Purchases of property and equipment were $8,362,000 compared to $1,201,000 a year ago. Acquisition of other intangible assets was $250,000. Adjusted EBITDA was $69,970,000 compared to $56,668,000 a year ago. Non-GAAP net income was $36,820,000 or $0.43 per diluted share compared to $29,931,000 or $0.35 per diluted share a year ago.
The company provided financial guidance for the third quarter ending September 30, 2016 and full year ending December 31, 2016. For the third quarter of 2016, the company expects net income of $8 million to $9 million, depreciation and amortization of $10 million and adjusted EBITDA of $30 million to $32 million.
For the full year 2016, the company expects net income of $42 million to $46 million, depreciation and amortization of $37 million and adjusted EBITDA of $136 million to $142 million.