Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations
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A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020.Carlo Allegri | ReutersDoordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter revenue that missed expectations. Here's how the company did, based on LSEG expectations:Earnings per share: 44 cents adjusted vs. 39 cents expectedRevenue: $3.03 billion vs. $3.09 billion expectedThis is breaking news. Please refresh for updates.
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