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DoorDash Narrows Q1 Loss, Revenue Rises -- Shares Drop After Hours
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DoorDash Narrows Q1 Loss, Revenue Rises -- Shares Drop After Hours
May 1, 2024 1:42 PM

04:16 PM EDT, 05/01/2024 (MT Newswires) -- DoorDash ( DASH ) reported Q1 net loss Wednesday of $0.06 per diluted share, narrower than a loss of $0.41 a year earlier.

Analysts polled by Capital IQ expected a loss of $0.05.

Revenue for the quarter ended March 31 was $2.51 billion, up from $2.04 billion a year earlier.

Analysts polled by Capital IQ expected $2.45 billion.

Company shares were down more than 10% in recent after-hours activity.

Price: 114.97, Change: -12.41, Percent Change: -9.74

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