
DoorDash has reported its first operating profit since the start of the pandemic, driven by strong Q3 2024 earnings. The company saw a 25% year-over-year increase in revenue to $2.71 billion, surpassing estimates of $2.66 billion. Total orders grew by 18% year-over-year to 643 million, and Marketplace Gross Order Value (GOV) increased by 19% to $20 billion. DoorDash's net income for the quarter was $162 million, a significant turnaround from a loss of $73 million in Q3 2023. The company's net revenue margin rose to 13.5% from 12.9% in the previous quarter. DoorDash's Q4 2024 outlook projects Marketplace GOV to be between $20.6 billion and $21 billion. The company's EPS was $0.38, and its Adjusted EBITDA reached $533 million.
DoorDash Earnings Breakdown ( $DASH ) RESULTS 🟢 Revenue: $2.71B (est $2.66B) 🟢 EBITDA: $533M (est $515M) 🟢 EPS: $0.38 (est $0.20) GUIDE 🟡 Q4 EBITDA: $550M (est $547M) https://t.co/vtFjJO3sRk
$UBER | Uber is -4.3% in the pre-market after topping earnings and revenue estimates and providing strong Q4 guidance. 🔹 EPS: $11.19 vs. $5.22 est. ✅ 🔹 Revenue: $11.19B vs. $10.99B est. ✅ https://t.co/YjcT204vaK
Uber Earnings Breakdown ( $UBER ) RESULTS 🟢 Revenue: $11.2B (est $11.0B) 🟢 EBITDA: $1.69B (est $1.65B) 🟢 EPS: $1.20 (est $0.37) GUIDE 🔴 Q4 Bookings: $43.5B (est $43.7B) 🔴 Q4 EBITDA: $1.83B (est $1.84B) https://t.co/JmQqCYT9Pk






