DoorDash forecasts quarterly gross order value above estimates
Updated
Updated · Bloomberg · May 6
DoorDash forecasts quarterly gross order value above estimates
1 articles · Updated · Bloomberg · May 6
The company said gross order value for the June quarter will be $32.4 billion to $33.4 billion, compared with analysts' average estimate of about $32.3 billion.
The stronger outlook signals continued customer growth for the food-delivery company in the current period.
DoorDash issued the forecast in a statement on Wednesday, framing the update around order growth rather than profitability or other financial metrics.
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