Doordash Reports Q1 Earnings Beat but Revenue Miss, Announces New Acquisitions Of SevenRooms And Deliveroo

About Doordash Reports Q1 Earnings Beat but Revenue Miss, Announces New Acquisitions Of SevenRooms And Deliveroo

Doordash announced a $1.2 billion acquisition of SevenRooms and reported first-quarter revenue that fell short of expectations, according to CNBC. The company beat earnings expectations with 44 cents per share but missed revenue estimates, reporting $3.03 billion versus the expected $3.09 billion. Doordash announced it will acquire SevenRooms in an all-cash deal expected to close in the second half of 2025.

Duration

47 sec

Released

2025