DoorDash Achieves First GAAP Net Income Milestone
Company Announcements

DoorDash Achieves First GAAP Net Income Milestone

The latest update is out from DoorDash ( (DASH) ).

DoorDash showcased remarkable growth in Q3 2024, marking its first GAAP net income as a public company by recording $162 million. The company reported an 18% increase in total orders, reaching 643 million, and a 25% rise in revenue to $2.7 billion. DoorDash’s strategy focuses on innovation and improvements in service quality, aiming to enhance customer satisfaction and expand its market presence, thus driving its stock performance and boosting investor confidence.

Learn more about DASH stock on TipRanks’ Stock Analysis page.

Related Articles
TheFlyDoorDash price target raised to $180 from $140 at Susquehanna
TheFlyDoorDash price target raised to $163 from $120 at Barclays
Samuel O'BrientWall Street Is Pounding the Table on DoorDash (NASDAQ:DASH) Stock
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App