Uber (UBER) Misses Q1 EPS by 54c, Revenue Beats, Offers Guidance

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Uber Announces Results for First Quarter 2024

May 8, 2024 6:55 AM EDT

Trips grew 21% year-over-year; MAPCs and monthly trips per MAPC grew 15% and 6% year-over-year, respectively
Gross Bookings grew 20% year-over-year and 21% year-over-year on a constant currency basis
Income from operations of $172 million; Adjusted EBITDA of $1.4 billion, up 82% year-over-year
Operating cash flow of $1.4 billion; Free cash flow of $1.4 billion

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended March 31, 2024.

Our results this quarter once again demonstrate our ability to deliver consistent, profitable growth at scale, said... More