Instacart's Q1 Earnings, Revenue Increase

MT Newswires Live

05/06

Instacart (CART) reported Q1 earnings Wednesday of $0.57 per diluted share, up from $0.37 a year earlier.

Analysts surveyed by FactSet expected $0.57.

Revenue for the quarter ended March 31 was $1.02 billion, up from $897 million a year earlier.

Analysts polled by FactSet expected $1.01 billion.

Maplebear shares were up more than 1% premarket Wednesday.

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