secwatch.observer — SEC 8-K summary
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Issuer:     DoorDash, Inc. (DASH)
CIK:        0001792789
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001628280-23-003889
Event type: earnings
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 5.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DoorDash Q4 GOV $14.4B, net loss $642M; COO/CFO changes; $750M buyback
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- Q4 Marketplace GOV $14.4B (+29% YoY), revenue $1.818B (+40% YoY), Adj. EBITDA $117M (vs $47M YoY).
- GAAP net loss (incl. redeemable non-controlling interests) $642M including $312M impairment and $84M restructuring charges.
- Q1 guidance: GOV $15.1B-$15.5B, Adj. EBITDA $120M-$170M; FY23 GOV $60B-$63B, Adj. EBITDA to increase.
- COO/President C. Payne retiring March 1; CFO P. Adarkar becomes COO/President; R. Inukonda becomes CFO.
- Board authorized $750M share repurchase; expects net dilution ~2% in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1792789/000162828023003889/0001628280-23-003889-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1792789/000162828023003889/dash-20230213.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-003889

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer