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0.000207943439384446 0.000935745477230229 0.000727802037845635 -0.00114368891661467 0.00285922229153661 0.00301517987107498 0.00332709503015173 0.00259929299230609
Stock impact report

Why Is DoorDash, Inc. (DASH) Up 7.1% Since Last Earnings Report? [Yahoo! Finance]

DoorDash, Inc. (DASH) 
Company Research Source: Yahoo! Finance
Will the recent positive trend continue leading up to its next earnings release, or is DoorDash, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. DoorDash Reports Q3 Loss, Beats Revenue Estimates DoorDash reported a GAAP loss of 19 cents per share in third-quarter 2023, narrower than the year-ago quarter's loss of 77 cents per share. However, the figure beat the Zacks Consensus Estimate by 57.78%. Revenues increased 27.2% year over year to $2.16 billion and surpassed the consensus mark by 3.52%. The impressive growth was driven by strong performance in total orders and Marketplace GOV, alongside enhanced logistics efficiency and an increasing contribution from advertising. Quarter in Details In the third quarter of 2023, total orders increased 24% year over year to 543 million. Marketplace GOV increased 24% Show less Read more
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