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Uber Inc. (UBER) PT Lowered to $65 at Stifel

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Uber Announces Results for First Quarter 2021

May 5, 2021 4:05 PM EDT

Gross Bookings reached an all-time high of $19.5B, up 24% year-over-year

Net loss of $(108) million and Adjusted EBITDA of $(359) million

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2021.

Financial Highlights for First Quarter 2021

Gross Bookings grew 24% year-over-year (YoY) to $19.5 billion, or 22% on a constant currency basis, with Mobility Gross Bookings of $6.8 billion (-38% YoY) and Delivery Gross Bookings of $12.5 billion (+166% YoY). Revenue of $2.9 billion and Mobility... More