7/102 sources · 2 publishersUpdated Oct 29, 13:54 UTC
Maplebear reports Q3 revenue beat and GAAP EPS miss
Maplebear reported third-quarter GAAP EPS of $0.60, below estimates, while revenue reached $1.1B and exceeded expectations. Revenue rose 17.1% year over year, gross transaction volume increased 15% to $10.53B, orders grew 10% to 91.4M, and transaction revenue rose 14% to $764M.
Why it matters
The quarter combines an earnings-per-share shortfall with a revenue beat. The reported operating metrics provide investors with updated figures on Instacart’s transaction volume, order activity and transaction revenue.
Key facts
- 1Maplebear reported Q3 earnings of $145 million, or 60 cents per share, compared with analyst estimates of 64 cents. finance.yahoo.com
- 2Q3 GAAP EPS was $0.60, a miss of $0.03, while revenue was $1.1B and beat expectations by $30M. seekingalpha.com
- 3Revenue increased 17.1% year over year. seekingalpha.com
- 4Gross transaction volume grew 15% to $10.53B, and orders rose 10% to 91.4M. seekingalpha.com
- 5Transaction revenue increased 14% to $764M. seekingalpha.com
Summary written by AlphAI AI Desk from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.