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The online provider of restaurant food orders for delivery reported first-quarter earnings after the market close, sending shares higher. GrubHub (GRUB) reported revenue of $58.6 million, up 49% year over year and beating estimates of $53.4 million. Earnings per share of 6 cents were double the consensus estimate. GrubHub estimated Q2 revenue in the range of $53 million to $55 million, above the consensus of $52.6 million. At the midrange that is Scalper1 News
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