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Dooordash proclaims $ 1.2 billion of seven rooms misses revenue expectations

The Doordash sign is depicted at the restaurant on the day they hold IPO in New York, December 92020.

Carl Alegra | Reuters

Dooordash Tuesday announced $ 1.2 billion acquisition of restaurant SEVEN Rooms Platform Booking and reported First quarter income that missed expectations.

After the news, the Doordash shares fell by 5%.

Here’s how a company based on LSEG’s expectations did:

  • Income per share: 44 cents vs. 39 cents expected
  • Income: 3.03 billion dollars vs. $ 3.09 billion expected

Dooordash said Seven roomsThe New York data platform for restaurants and hotels for reservation information will be closed in the second half of 2025.

British Delivery of food service Early On Tuesday stated that he agreed to an absorption proposal Dooordash $ 3.9 billion.

“We believe that both Seven Rooms and Deliveroo expand our ability to build world -class services that increase our potential to grow local trade and support our financial goals,” the release of the release said.

Doordash reported the total number of orders for 732 million per quarter, which increased 18% over the same period ago. Analysts surveyed by Stretaccount expected 732.7 million.

The company said it expected that the second quarter has adjusted profits to interest, interest, taxes, depreciation and depreciation between $ 600 to $ 650 million. Analysts surveyed by Sitteacount expected $ 639 million.

“Until now, in 2025, consumer demand in our markets remains strong, and interaction in different cohorts of consumers and types, which, in our opinion, correspond to the typical seasonal patterns,” the company said.

Doordash reported $ 193 million in net revenue for 1 quarter of 2025, or 44 cents per share. The company had a net loss of $ 23 million, or a net loss of 6 cents per share, in the same quarter a year ago.

Doordash noted the growth in the delivery category of grocery products, citing “acceleration of average costs for grocery consumers and increasing the average speed”.

The company did not mention tariffs as a factor of financial forecasts, but noted that the increase in the international presence leaves it open for “geopolitical and currency risks”.

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Correction: Doordash reported profit in the first quarter of 44 cents per share. The previous version incorrectly characterized the figure.

This is conducting the news. Please update updates.

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