Earnings

DoorDash (DASH) earnings Q3 2022

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A bike messenger carries a DoorDash bag during a delivery in New York, Wednesday, Dec. 9, 2020.

Michael Nagle | Bloomberg | Getty Images

Shares of DoorDash popped more than 14% in extended trading Thursday after the food delivery company posted better-than-expected sales and total orders in the third quarter.

Here’s how the company did:

  • Loss per share: 77 cents vs. 60 cents, as expected by analysts, according to Refinitiv
  • Revenue: $1.7 billion vs. $1.63 billion, as expected by analysts, according to Refinitiv

DoorDash said the total number of orders it delivered in the third quarter rose 27% to 439 million, which topped Wall Street’s expectations of 433 million orders, according to…



Source cnbc.com

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