Instacart's Q3 Earnings: A Stunning $142M Profit
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Luni
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Instacarts Q3 earnings report shows a net income of $142 million, or $0.51 per share, surpassing Wall Streets expectations of $0.50 per share. Revenue reached $939 million, also exceeding estimates of $934.4 million. This positive trend indicates Instacarts strong performance and growing customer engagement in the competitive grocery delivery market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
