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Grubhub Chews Up Analyst Forecasts With Big Second-Quarter Gains

Grubhub Chews Up Analyst Forecasts With Big Second-Quarter Gains

Grubhub (NYSE: GRUB) devoured analyst expectations by posting a 41% jump in pandemic-fueled second-quarter revenue that pushed key business metrics to large gains. Yet it was still a money-losing operation, notching adjusted net losses of $16 million, or $0.