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Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjusted EBITDA above est.; CART jumps 4%+ after hours (Natalie Lung/Bloomberg) from Techmeme RSS feed.
Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjusted EBITDA above est.; CART jumps 4%+ after hours (Natalie Lung/Bloomberg)
Natalie Lung / Bloomberg:
Instacart reports Q1 revenue up 9% YoY to $897M, gross transaction volume up 10% to $9.1B, forecasts Q2 adjusted EBITDA above est.; CART jumps 4%+ after hours — Instacart posted its strongest order growth since 2022 for the first quarter and projected better-than-expected earnings for the current period …