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DoorDash jumps after Q3 outlook tops Street estimates

DeFi Daily News by DeFi Daily News
August 1, 2024
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DoorDash jumps after Q3 outlook tops Street estimates
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DoorDash (DASH) shares are jumping in after reporting a better-than-expected Q3 outlook. For the third quarter, DoorDash sees adjusted EBITDA of $470 million to $540 million far above the Street’s $449.2 million estimate.
For the second quarter, the company reported an adjusted loss of $0.38 per share and revenue of $2.63 billion, which was better than the estimated $2.54 billion.
Yahoo Finance senior reporter Brooke DiPalma recaps the results in the video above.
#youtube #news #DoorDash

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Tags: BondsbusinessCurrenciesDoorDashEquitiesestimatesFXInvestingInvestmentjumpsMarketMarketsMoneyNewsNYSEOutlookPersonal FinancePoliticsSavingsStock marketstocksStreettopsYahoo FinanceYahoo FInance Premium
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