India, May 6 -- DoorDash, Inc. (DASH), Tuesday announced first-quarter financial results, reporting a net loss of $23 million, or $0.06 a share, compared to earnings of $193 million, or $0.44 a share, last year.
On average, analysts estimated earnings of $0.43 a share for the period.
Revenue declined to $2.513 billion in the quarter from $3.032 billion in the previous year.
Looking ahead, the company expects adjusted EBITDA of $600 million - $650 million for the second quarter.
Currently, DoorDash's stock is falling 7.02 percent, to $190.54 on the Nasdaq.
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