DoorDash shares rise on earnings, revenue beat

DoorDash shares rise on earnings, revenue beat


Doordash food delivery service in New York City on Feb. 13, 2025. 

Danielle DeVries | CNBC

DoorDash shares climbed 4% in extended trading on Wednesday after the food delivery company reported better-than-expected earnings and revenue for the second quarter.

Here’s how the company did compared to analyst estimates based on LSEG’s consensus:

  • Earnings per share: 65 cents vs. 44 cents expected
  • Revenue: $3.28 billion vs. $3.16 billion expected

Revenue jumped 25% from $2.63 billion a year earlier, DoorDash said in a press release. The company reported net income of $285 million, or 65 cents a share, after recording a loss of $157 million, or 38 cents per share, in the same period a year ago.

Orders increased 20% from a year earlier to 761 million. Gross order value rose 23% to $24.2 billion.

DoorDash shares have soared 54% this year as of Wednesday’s close, lifting the company’s market cap to $109 billion. The Nasdaq is up almost 10% in 2025.

Stock Chart IconStock chart icon

hide content

Doordash one day stock chart.

This is breaking news. Please refresh for updates.



Source

Airbnb beats on top and bottom lines for second quarter
Technology

Airbnb beats on top and bottom lines for second quarter

Airbnb reported second-quarter results on Wednesday that beat analysts’ expectations. Here’s how the company did based on average analysts’ estimates compiled by LSEG: Earnings per share: $1.03 vs. 93 cents expected Revenue: $3.10 billion vs. $3.04 billion expected Revenue increased 13% from $2.75 billion during the same period last year. The company reported net income of […]

Read More
Lyft misses quarterly revenue estimates on competition, weak US travel demand
Technology

Lyft misses quarterly revenue estimates on competition, weak US travel demand

An empty Lyft pickup area is shown as ride-share drivers hold a rally as part of a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights,” in Los Angeles on Aug. 20, 2020. Mike Blake | Reuters Lyft missed second-quarter revenue estimates on […]

Read More
Firefly Aerospace prices shares at , above the expected range
Technology

Firefly Aerospace prices shares at $45, above the expected range

The Blue Ghost Mission Operations Engineer, Jaxon Liebeck, showcases the Blue Ghost moon lander at Firefly Aerospace headquarters on Tuesday, Dec. 3, 2024 in Cedar Park. Houston Chronicle/hearst Newspapers | Hearst Newspapers | Getty Images Firefly Aerospace priced shares in its IPO at $45 on Wednesday, above its expected range. The Texas-based rocket maker will […]

Read More
Powered by WordPress | WP Magazine by WP Mag Plus