DoorDash, Beyond Meat and Virgin Galactic report quarter earnings

DoorDash released its very first earnings report as a public company on Thursday. While the food delivery company posted a beat on revenue, it reported a massive net loss for the quarter.

News 12 Staff

Feb 26, 2021, 1:50 PM

Updated 1,245 days ago

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DoorDash released its very first earnings report as a public company on Thursday. While the food delivery company posted a beat on revenue, it reported a massive net loss for the quarter.
Beyond Meat posted a steeper than expected quarterly loss due to weaker restaurant sales amid the pandemic. However, the company did make a slew of brand announcements which quelled investor fears amid the weak report.
Virgin Galactic reported a slightly narrower-than-expected loss for its fourth quarter. It also announced delays to both its spaceflight test and its timeline for flying passengers into space.


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