DoorDash (DASH) Q1 Revenues Beat

DoorDash (NYSE: DASH) reported Q1 EPS of ($0.34), versus the analyst estimate of ($0.26). Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $993.32 million.

• Revenue grew 198% year-over-year ("Y/Y") to $1.1 billion, Total Orders grew 219% Y/Y to 329 million, and Marketplace GOV grew 222% Y/Y to $9.9 billion
• GAAP gross profit of $493 million, up 233% Y/Y from $148 million in Q1 2020
• GAAP net loss of $110 million, compared to GAAP net loss of $129 million in Q1 2020
• Adjusted EBITDA of $43 million, compared to an Adjusted EBITDA loss of $70 million in Q1 2020

For earnings history and earnings-related data on DoorDash (DASH) click here.

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