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DoorDash Forecast Falls Short on Scrutiny Over Profitability [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
company invests in expanding its list of non-restaurant partners and improving efficiency. Most Read from Bloomberg Tesla Axes Supercharger Team in Blow to Broader EV Market NYPD Arrests Over 300 Protesters in Crackdown on College Campuses US and Saudis Near Defense Pact Aimed at Reshaping Middle East The Ozempic Effect: How a Weight Loss Wonder Drug Gobbled Up an Entire Economy Lilly Soars as Forecast Boost Shows Weight-Loss Drugs' Power DoorDash expects adjusted earnings before interest, tax, deprecation and amortization for the current quarter of $325 million to $425 million, the midpoint of which falls well below the average estimate. In the first quarter, DoorDash reported Ebitda of $371 million, higher than analysts' expectations. The shares slid about 12% in extended trading after the results. They had more than doubled over the past 12 months. DoorDash has been adding more items onto the platform as well as making technical improvements to reduce delivery tim
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