DoorDash (DASH.US) surges after earnings! Q1 member registration reaches a record high, Q2 guidance exceeds expectations highlighting continued strong demand.

According to the financial news app, US food delivery platform DoorDash (DASH.US) announced its first-quarter financial report, showing a 33% year-on-year revenue growth to $4.04 billion, which is lower than analysts' average expectations of $4.15 billion. Analysts believe the reason for this is due to the platform's lower commission rate. Earnings per share were $0.42, better than analysts' average expectations of $0.36.