Instacart posted better-than-expected order growth and provided an upbeat earnings outlook for the current period, indicating that demand for its core grocery delivery service has been holding strong.

Orders grew 14% to 83.4 million in the July-to-September period, the company said in a shareholder letter on Monday. Wall Street was expecting 82.9 million, according to Bloomberg-compiled estimates. Total revenue, which also includes sales from advertising and enterprise software for grocers, was $939 million, again beating expectations.

Adjusted earnings before interest, taxes, depreciation and amortization came to $278 million, ahead of the average analyst estimate of $267.7 million.

Shares of Instacart, which publicly trades as Maplebear Inc., rose as much as 5.6% after markets opened

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