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DoorDash, Inc. (NASDAQ:DASH) Q1 2024 Earnings Call Transcript

Insider Monkey Transcripts
·2-min read

DoorDash, Inc. (NASDAQ:DASH) Q1 2024 Earnings Call Transcript May 1, 2024

DoorDash, Inc. beats earnings expectations. Reported EPS is $-0.05672, expectations were $-0.07. DASH isn't one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here).

Operator: Thank you for standing by. My name is Eric and I will be your conference operator today. At this time, I would like to welcome everyone to the DoorDash Q1 2024 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions] Thank you. I would now like to turn the call over to Andy Hargreaves. Please go ahead.

Andy Hargreaves: Thanks, Eric. Good afternoon, everyone, and thanks for joining us for our Q1 2024 earnings call. I'm very pleased to be joined today by Co-Founder, Chair and CEO, Tony Xu; and CFO, Ravi Inukonda. We'll be making forward-looking statements during today's call including our expectations for our business financial position, operating performance, our guidance strategies, capital allocation approach, and the broader economic environment. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those described. Many of these uncertainties are described in our SEC filings, including our Forms 10-K and 10-Q. You should not rely on forward-looking statements as predictions of future events.

A shot of a delivery driver zooming down a busy street, symbolizing the company's quick and efficient delivery services.
A shot of a delivery driver zooming down a busy street, symbolizing the company's quick and efficient delivery services.

We disclaim any obligation to update any forward-looking statements except as required by law. During this call, we will discuss certain non-GAAP financial measures. Information regarding our non-GAAP financial measures, including a reconciliation of the non-GAAP measures to the most directly comparable GAAP financial measures may be found in our earnings release, which is available on our Investor Relations website. These non-GAAP measures should be considered in addition to our GAAP results and are not intended to be a substitute for our GAAP results. As a reminder, we're no longer providing full-year financial outlooks, and we disclaim any obligation to update our previous full-year financial outlook. Finally, this call is being audio webcasted on our Investor Relations website, and an audio replay will be available on our website shortly after the call ends.

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Eric, I'll pass it back to you and we can take our first question.

See also

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25 Best Countries for Expats With Low Taxes and High Quality of Life.

To continue reading the Q&A session, please click here.