Care.com, Inc. announced unaudited consolidated financial results for the second quarter and six months ended June 30, 2018. For the quarter, the company reported revenue of $45.966 million against $41.972 million a year ago. Operating loss was $0.271 million against $0.403 million a year ago. Loss before income taxes was $1.039 million against income before income taxes of $0.605 million a year ago. Net loss attributable to common stockholders was $0.834 million or $0.03 per basic and diluted share against net income of $0.874 million or $0.03 per basic and diluted share a year ago. A key driver for the loss was the impact of the weakening euro against the U.S. dollar. EBITDA was $0.277 million against $0.259 of million a year ago. Adjusted EBITDA was $5.929 million against $2.608 million a year ago. Non-GAAP net income was $5.483 million or $0.14 per diluted share against $4.022 million or $0.11 per diluted share a year ago.

For the six months, the company reported revenue of $93.291 million against $85.338 million a year ago. Operating income was $1.119 million against $0.332 million a year ago. Income before income taxes was $0.913 million against $1.641 million a year ago. Net income attributable to common stockholders was $1.020 million or $0.03 per diluted share against $1.066 million or $0.03 per diluted share a year ago. Net cash provided by operating activities was $14.638 million against $11.140 million a year ago. Purchases of property and equipment and software were $0.399 million against $0.387 million a year ago. EBITDA was $2.436 million against $1.677 million a year ago. Adjusted EBITDA was $12.658 million against $5.735 million a year ago. Non-GAAP net income was $12.750 million or $0.33 per diluted share against $6.555 million or $0.18 per diluted share a year ago.

For the quarter, the company announced impairment of intangible assets of $142,000.

The company provided earnings guidance for the third quarter and full year of 2018. For the third quarter, the company expects revenue in the range of $49.0 million to $49.3 million, adjusted EBITDA in the range of $5.25 million to $5.75 million and Non-GAAP EPS expected to be approx. $0.12.

For the fourth quarter, the company expects revenue of $49.8 million. EBITDA is expected to be $13.3 million.

For the full year, the company expects revenue in the range of $191.5 million to $193.0 million, adjusted EBITDA in the range of $31.0 million to $32.0 million and Non-GAAP EPS in the range of $0.65 to $0.67.