DoorDash, Inc. (NASDAQ:DASH) released its second-quarter results after Wednesday's closing bell. Here's a look at the key figures from the quarter.
The Details: DoorDash reported quarterly earnings of 65 cents per share, which beat the analyst consensus estimate of 43 cents.
Quarterly revenue came in at $3.28 billion, which beat the Street estimate of $3.16 billion and is up from revenue of $2.63 billion from the same period last year.
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For the second quarter, DoorDash reported:
- Total Orders increased 20% year-over-year to 761 million.
- Marketplace GOV increased 23% year-over-year to $24.2 billion.
- Revenue increased 25% to $3.3 billion.
- Net Revenue Margin was 13.5%, up from 13.3% in Q2 2024.
- Adjusted EBITDA increased 52% year-over-year to $655 million from $430 million in Q2 2024.
Outlook: For the third quarter, DoorDash sees marketplace GOV in a range of $24.2 billion to $24.7 billion and adjusted EBITDA of between $680 million and $780 million.
DASH Stock Price: According to data from Benzinga Pro, DoorDash stock was up 5.08% at $271.20 in Wednesday's extended trading.
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