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DoorDash Reports Mixed Fourth-Quarter Results; Shares Rise After Hours
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DoorDash Reports Mixed Fourth-Quarter Results; Shares Rise After Hours
Feb 11, 2025 2:03 PM

04:40 PM EST, 02/11/2025 (MT Newswires) -- DoorDash ( DASH ) late Tuesday swung to a smaller-than-expected profit in the fourth quarter, while the food delivery company beat Wall Street's expectations for revenue.

The company reported earnings per share of $0.33, compared with a $0.39 loss a year earlier. The bottom line fell short of the consensus on FactSet for $0.34 in EPS. Revenue advanced 25% to $2.87 billion, higher than the Street's $2.84 billion view.

Shares were up 7.5% in after-hours trade.

Marketplace gross order value -- the total value of all orders completed on its marketplaces, including taxes, tips and membership fees -- increased 21% annually to $21.28 billion, above consensus for $20.93 billion.

Orders grew 19% to 685 million, topping the market view for 674.8 million, the company said.

DoorDash ( DASH ) forecasts first-quarter marketplace gross order value at $22.6 billion to $23 billion, higher than market expectations of $22.41 billion.

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