DoorDash (DASH) Reports Q2 Loss, Beats Revenue Estimates

DoorDash (DASH) reported a GAAP loss of 38 cents per share in second-quarter 2024, narrower than the yearago quarter's loss of 44 cents per share. The figure missed the Zacks Consensus Estimate of a loss of 10 cents. Revenues increased 23.3% year over year to $2.63 billion and surpassed the consensus mark by 3.7%. The upside was driven by strong performance in total orders and Marketplace GOV, alongside enhanced logistics efficiency and an increased contribution from advertising. Quarter in Details In the s ...