Care.com,Inc. (NYSE:CRCM) Files An 8-K Results of Operations and Financial Condition

Care.com,Inc. (NYSE:CRCM) Files An 8-K Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition

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On August10, 2017, Care.com, Inc. (the "Company") issued a press release announcing financial results for the second quarter ended on July1, 2017. A copy of the press release is furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.

The information set forth under this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.

Item 2.02. Financial Statements and Exhibits

(d)The following exhibit relating to Item 2.02 shall be deemed to be furnished and not filed.

ExhibitNumber

Exhibit Title or Description

99.1

Press release issued by Care.com, Inc. entitled “Care.com Announces Second Quarter 2017 Financial Results” dated August 10, 2017

This report on Form 8-K contains projections and other forward-looking statements regarding future events. These statements are only predictions and reflect our current beliefs and expectations. Actual events or results may differ materially from those contained in the projections or forward-looking statements. It is routine for internal projections and expectations to change as the quarter and year progress, and therefore it should be clearly understood that the internal projections and beliefs upon which we base our expectations may change. Although these expectations may change, we will not necessarily inform you if they do nor will we necessarily update the information contained in this report on Form 8-K.Readers are urged to read the reports and documents filed from time to time by the Company with theSecurities and Exchange Commissionfor a discussion of important risk factors that could cause actual results to differ materially from those discussed in the forward-looking statements. Forward-looking statements in this report are made to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.


Care.com Inc Exhibit
EX-99.1 2 exhibit991carecomq22017ear.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Care.com Announces Second Quarter 2017 Financial Results    •End of Period Paying Families year-over-year growth of 10%; third quarter in a row of acceleration •Revenue increased 10% vs. the second quarter of 2016 to $42.0 million•Net income of $1.7 million as compared to a net loss of $3.4 million for the second quarter of 2016•Adjusted EBITDA of $2.6 million as compared to $1.0 million for the second quarter of 2016•Year-to-date cash provided by operating activities from continuing operations of $11.1 million,…
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About Care.com,Inc. (NYSE:CRCM)

Care.com, Inc. is an online marketplace for finding and managing family care. The Company has approximately 18.4 million members, including over 10.3 million families and approximately 8.1 million caregivers, spanning over 20 countries. Its consumer matching solutions allow families to search for, qualify, vet, connect with and select caregivers. It also provides caregivers with solutions to create personal profiles, describe their skills and experience, and otherwise differentiate and market themselves in a fragmented marketplace. In addition to consumer matching solutions, the Company offers its members products and services to facilitate their interaction with caregivers. The Company serves employers by providing access to certain of its products and services to employer-sponsored families. In addition, the Company serves care-related businesses, such as day care centers, nanny agencies and home care agencies.

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