DoorDash stock tumbles 13% on Q1 print but analysts still bullish for long term

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Go back to DoorDash stock tumbles 13% on Q1 print but analysts still bullish for long term

DoorDash Releases First Quarter 2024 Financial Results

May 1, 2024 4:05 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- DoorDash, Inc. (NASDAQ: DASH) today announced its financial results for the quarter ended March 31, 2024.

In Q1 2024, we set new quarterly records for Total Orders, Marketplace GOV, and revenue, while improving our net loss compared to a year ago. An evergreen goal for us is to execute at a high level against our operational targets, as this drives incremental scale and efficiency that we can reinvest to solve new problems for merchants, consumers, and Dashers. We executed well from this perspective in Q1 2024, which helped us expand... More