Doordash Sees Q1 Marketplace GOV $18.5B-$18.9B, Adj. EBITDA $320M-$380M
Portfolio Pulse from Benzinga Newsdesk
Doordash projects its Q1 Marketplace Gross Order Value (GOV) to be between $18.5 billion and $18.9 billion, with an adjusted EBITDA ranging from $320 million to $380 million.
February 15, 2024 | 9:09 pm
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Doordash expects its Q1 Marketplace Gross Order Value to be between $18.5B and $18.9B, with an adjusted EBITDA of $320M to $380M.
The projection of a strong Gross Order Value and a healthy adjusted EBITDA range indicates a positive outlook for Doordash's financial performance in the short term. This is likely to instill confidence among investors and could lead to an uptick in the stock price, given the direct impact of these financial metrics on the company's profitability and growth prospects.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100