Uber (UBER) Q1 Revenue Tops Consensus

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Go back to Uber (UBER) Q1 Revenue Tops Consensus

Uber Announces Results for First Quarter 2022

May 4, 2022 7:00 AM EDT

Gross Bookings of $26.4 billion, up 35% year-over-year, and above the high-end of the guidance range

Net loss of $5.9 billion with a $5.6 billion headwind relating to Ubers equity investments

Adjusted EBITDA of $168 million, with Mobility margins at an all time high and Freight reaching Adjusted EBITDA profitability

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2022.

Financial Highlights for First Quarter 2022

Gross Bookings grew 35% year-over-year (YoY) to $26.4... More