DoorDash exceeds projections in Q1 earnings, stock rises after hours

In its first earnings statement as a public company, issued on Feb. 25, DoorDash (NYSE: DASH) did not impress investors, despite setting quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), and market share. A doubling of the quarterly loss over Q4 2019 soured analysts.

In its second try as a public company Thursday, DoorDash again set quarterly records for total orders and marketplace gross order value (GOV), achieved an all-time...

https://www.freightwaves.com/news/doordash-exceeds-projections-in-q1-earnings-stock-rises-after-hours

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