On May 6, 2025, the online food ordering and delivery company DoorDash Inc. DASH reported Q1 earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to a loss of $0.06 per share a year ago.
Start Time: 17:00 January 1, 0000 5:52 PM ET DoorDash, Inc. (NASDAQ:DASH ) Q1 2025 Earnings Conference Call May 06, 2025, 17:00 PM ET Company Participants Tony Xu - Co-Founder, Chair and CEO Ravi Inukonda - CFO Wes Twigg - IR Conference Call Participants Shweta Khajuria - Wolfe Research Deepak Mathivanan - Cantor Fitzgerald Nikhil Devnani - Bernstein Youssef Squali - Truist Securities Michael Morton - MoffettNathanson Andrew Boone - Citizens Ken Gawrelski - Wells Fargo Doug Anmuth - JPMorgan Mark Mahaney - Evercore Brian Nowak - Morgan Stanley Ron Josey - Citi Mark Zgutowicz - The Benchmark Company John Colantuoni - Jefferies Michael McGovern - Bank of America Jim Sanderson - Northcoast Research Operator Hello, and welcome to the DoorDash Q1 2025 Earnings Conference Call. I would now like to turn the call over to Wes Twigg, Investor Relations.
Bloomberg's Natalie Lung explains why DoorDash is expanding overseas through mergers and acquisitions. Lung also breaks down the delivery app's earnings with Caroline Hyde on "Bloomberg Technology.
DoorDash is preparing to acquire New York City-based hospitality tech company SevenRooms. The company characterized the deal as “a significant expansion of DoorDash's Commerce Platform capabilities,” according to a Tuesday (May 6) press release.
DoorDash shares are sinking Tuesday after the food-delivery company posted first-quarter revenue that undershot analysts' forecasts.
Shares of DoorDash Inc (NYSE:DASH) fell about 8% on Tuesday morning in New York after the food delivery company posted a quarterly profit that missed some investors' expectations on margins. The company reported first-quarter adjusted EBITDA of $590 million, up from $371 million a year earlier but below some buyside hopes, despite surpassing analyst consensus estimates.
Here's our initial take on DoorDash's (DASH -7.63%) financial report.
DoorDash, Inc. (DASH) came out with quarterly earnings of $0.44 per share, beating the Zacks Consensus Estimate of $0.40 per share. This compares to loss of $0.06 per share a year ago.
DoorDash swung to a first-quarter profit as demand continued to grow for online restaurant and grocery-store orders, and the company also struck a $1.2 billion deal for a maker of reservation software.
Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations
DoorDash (DASH) is acquiring British delivery firm Deliveroo for about 2.9 billion pounds ($3.86 billion) in cash, expanding the U.S. company's geographic reach.
DoorDash will purchase British rival Deliveroo for $3.85 billion, the companies said on Tuesday, helping DoorDash grow its market share in Europe.