DoorDash Is Hungry For Growth: Q1 Orders Jump 18%, Plans 2 Big Acquisitions To Expand International Presence

DoorDash Inc. DASH stock dipped Tuesday after the food delivery company reported strong order growth and confirmed two major acquisitions, even as quarterly revenue missed analyst expectations. DoorDash reported quarterly GAAP earnings of 44 cents per share, beating the analyst consensus estimate of 39 cents. Quarterly revenue reached $3.03 billion, missing the $3.09 billion analyst consensus estimate. The revenue grew by 21% year-over-year. Also Read: DoorDash's Growth Picks Up Speed Despite Holiday Headwi ...