Care.com, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2019; Reports Unaudited Consolidated Goodwill and Intangible Asset Impairment Charge for the Second Quarter Ended June 29, 2019
August 06, 2019 at 06:14 am
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Care.com, Inc. provided revenue guidance for the third quarter and full year of 2019. For the quarter, the company expects revenue to be in the range of $52.0 million to $52.5 million.
For the year, the company expects revenue to be in the range of $206.5 million to $208.0 million.
For the second quarter ended June 29, 2019, the company reported unaudited consolidated goodwill and intangible asset impairment charge of $8,183,000.
Care.com, Inc. is an online marketplace for finding and managing family care. The Company has over 31.7 million members, including 18.3 million families and over 13.4 million caregivers, spanning 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. It serves employers by providing access to certain of its products and services to employer-sponsored families. In addition, it serves care-related businesses, such as day care centers, nanny agencies and home care agencies, willing to market their services to its care-seeking families and recruit its caregiver members.
Care.com, Inc. Provides Revenue Guidance for the Third Quarter and Full Year of 2019; Reports Unaudited Consolidated Goodwill and Intangible Asset Impairment Charge for the Second Quarter Ended June 29, 2019
CARE.COM, INC. 
