DoorDash Shares Jump as Order-Value Forecast Tops Estimates Despite Revenue Miss
DoorDash shares rose more than 15% after the company forecast current-quarter marketplace gross order value above analyst estimates, suggesting customer growth remained strong. The company reported first-quarter revenue of $4.04 billion, up 33% from a year earlier but below a $4.15 billion estimate, while earnings per share came in at 42 cents versus 37 cents expected.
Total orders increased 27% to 933 million in the quarter and marketplace GOV climbed 37% to $31.6 billion. Adjusted EBITDA rose 28% to $754 million, while GAAP net income attributable to common stockholders fell 5% to $184 million. DoorDash projected second-quarter marketplace GOV of $32.4 billion to $33.4 billion and adjusted EBITDA of $770 million to $870 million.
From the sources (5 posts)
@alphasenseinc$DASH Earnings: - Total Orders increased 27% year-over-year (Y/Y) to 933 million. - Marketplace GOV increased 37% Y/Y to $31.6 billion. - Revenue increased 33% Y/Y to $4.0 billion. - GAAP net income attributable to DoorDash, Inc. common st
@cnbcDoorDash reports mixed first-quarter results
@businessDoorDash gave a forecast for order value in the current period that topped analyst estimates, signaling continued customer growth for the food-delivery company.
@wallstengine$DASH Q1’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $4.04B (Est. $4.15B) 🔴; +33% YoY 🔹 EPS: $0.42 (Est. $0.37) 🟢 🔹 Total Orders: 933M; +27% YoY 🔹 Marketplace GOV: $31.6B; +37% YoY 🔹 Adj. EBITDA: $754M; +28% YoY Q2 Guide: 🔹 Marketplace GOV: $32.4B-
@kobeissiletterBREAKING: DoorDash stock, $DASH, surges over +15% after reporting +33% year-over-year revenue growth and strong guidance.