Uber (UBER) Misses Q2 EPS by 16c, Revs Beat Slighlty

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Go back to Uber (UBER) Misses Q2 EPS by 16c, Revs Beat Slighlty

Uber Announces Results for Second Quarter 2020

August 6, 2020 4:05 PM EDT

Revenue of $2.2 billion, declining 29% year-over-year or 27% on a constant currency basis

Mobility Adjusted EBITDA of $50 million

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended June 30, 2020.

Financial Highlights for Second Quarter 2020

Gross Bookings declined to $10.2 billion, down 35% year-over-year, or 32% on a constant currency basis, with Mobility Gross Bookings declining 73% and Delivery Gross Bookings growing 113% year-over-year, each on a constant currency basis. Revenue declined 29% year-over-year, or 27% on a constant currency basis. Mobility Revenue declined 67% year-over-year and... More