DoorDash Expects Q3 Adj. EBITDA Of $220M- $270M, Marketplace GOV Of $15.8B-$16.2B
Portfolio Pulse from Benzinga Newsdesk
DoorDash has projected its Q3 adjusted EBITDA to be between $220M and $270M, with a marketplace Gross Order Value (GOV) of $15.8B to $16.2B.
August 04, 2023 | 12:26 pm
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DoorDash's Q3 adjusted EBITDA forecast is $220M-$270M, with a marketplace GOV of $15.8B-$16.2B.
The news directly pertains to DoorDash's financial performance. The projected EBITDA and GOV figures are significant indicators of the company's profitability and market activity, which are key factors that investors consider. This could potentially drive the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100