DoorDash reported mixed financial results for the first quarter of 2024, with a revenue increase to $2.513 billion, up 23% year-over-year, surpassing expectations of $2.453 billion. However, the company's earnings per share (EPS) fell short, recording a loss of $0.06 per share against an estimated loss of $0.04. Despite achieving record numbers in total orders, up 21% year-over-year, and marketplace gross order value (GOV), DoorDash projected its second-quarter core profit to be below expectations, citing higher costs, with an adjusted EBITDA forecast between $325 million to $425 million and marketplace GOV ranging from $19 billion to $19.4 billion. The company's stock price fell by over 10% following the announcement.