DoorDash Inc. (NASDAQ:DASH) posted weaker-than-expected fourth-quarter earnings, after the closing bell on Wednesday.
DoorDash reported quarterly earnings of 48 cents per share, which missed the Street estimate of 60 cents. Quarterly revenue came in at $3.96 billion, which missed the consensus estimate of $3.99 billion and was up from $2.87 billion in the same period last year.
DoorDash said it expects the first quarter marketplace gross order value (GOV) in a range of $31 billion to $31.8 billion and adjusted EBITDA in a range of $675 million to $775 million.
DoorDash shares rose 8.8% to $188.70 in …