Cowen Cuts Price Target Following GrubHub (GRUB) 3Q Results and Guidance
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GrubHub Reports Third Quarter Results
October 27, 2015 9:01 AM EDTCHICAGO, Oct. 27, 2015 /PRNewswire/ --Â GrubHub Inc. (NYSE: GRUB), the leading takeout marketplace, today announced financial results for the quarter ended September 30, 2015.Â
"GrubHub delivered strong year-over-year growth in the third quarter, driven by dependable repeat usage and robust new diner adds," said Matt Maloney, CEO.  "During the third quarter, we reached a major milestone: we sent our 300 millionth order to our restaurant partners. This is a testament to the extraordinary value GrubHub has created for its partners as well as the degree to which we've changed the way people order takeout."
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