Uber (NYSE: UBER) reported Q3 EPS of ($0.62), $0.28 worse than the analyst estimate of ($0.34). Revenue for the quarter came in at $4.8 billion versus the consensus estimate of $4.43 billion.

• Gross Bookings reached an all-time high of $23.1 billion, up 57% year-over-year
• Net loss of $2.4 billion with a $2.0 billion net headwind from revaluation of Uber’s equity investments
• Adjusted EBITDA of +$8 million with Mobility margins at 5.5% of GB and Delivery approaching breakeven

“Our early and decisive investments in driver growth are still paying dividends, with drivers steadily returning to the platform, leading to further improvement in the consumer experience,” said Dara Khosrowshahi, CEO. “This is especially important as Mobility reignites. Mobility Gross Bookings are up 18 percent over just the last two months and this Halloween weekend surpassed 2019 levels.”

“While we recognize it’s just a step, reaching total-company Adjusted EBITDA profitability is an important milestone for Uber,” said Nelson Chai, CFO. “Not only did our Mobility business recover to pre-COVID margins this quarter, our core restaurant delivery business was profitable on an Adjusted EBITDA basis for the first time as well, bringing the full Delivery segment close to breakeven.”

For earnings history and earnings-related data on Uber (UBER) click here.