Overview
- DoorDash's Q4 revenue increased 27% year-over-year to $2.3 billion, beating analyst estimates.
- Total orders for the fourth quarter rose 23% to 574 million, indicating strong demand.
- The company reported a net loss of $154 million for Q4, with a per-share loss of 39 cents, missing analyst expectations.
- DoorDash forecasts Q1 adjusted EBITDA to be between $320 million and $380 million, with a midpoint below market estimates.
- The delivery firm announced a share repurchase program of up to $1.1 billion, signaling confidence in its financial health.