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.
DoorDash said on Tuesday it has agreed to buy its U.K. rival Deliveroo for about £2.9 billion (around $3.29 billion), as the U.S. food delivery company seeks to expand into new markets.
British food delivery firm Deliveroo on Monday said it has agreed to a takeover offer from American rival DoorDash that values the company at £2.9 billion.
DoorDash said on Tuesday it would buy British meal delivery firm Deliveroo for 2.9 billion pounds ($3.85 billion) as a part of the U.S. online delivery platform's plans to expand into international markets.
DoorDash (DASH) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
DoorDash has asked a California Superior Court judge to dismiss a lawsuit filed by Uber that accuses the food delivery company of stifling competition by intimidating restaurant owners into exclusive deals.
DASH stock benefits from robust order growth and an expanding clientele, positioning it for continued success and future growth.