Uber reports Q2 revenue and gross bookings ahead of expectations; shares jump

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Go back to Uber reports Q2 revenue and gross bookings ahead of expectations; shares jump

Uber Announces Results for Second Quarter 2024

August 6, 2024 6:55 AM EDT

Gross Bookings grew 19% year-over-year and 21% year-over-year on a constant currency basis
Income from operations of $796 million; Adjusted EBITDA of $1.6 billion, up 71% year-over-year
Operating cash flow of $1.8 billion; Free cash flow of $1.7 billion

SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended June 30, 2024.

Ubers growth engine continues to hum, delivering our sixth consecutive quarter of trip growth above 20 percent, alongside record profitability, said Dara Khosrowshahi, CEO. The Uber consumer has never been stronger--more people are using... More