Uber Technologies Inc

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4:55:42 PM EDT: $23.23 -0.14 (-0.60%)
Other Pre-Announcement

Uber Technologies Reports Q1 Loss Of $3.04 Per Share

Published: 05/04/2022 13:20 GMT
Uber Technologies Inc (UBER) - Quarterly Revenue Grew 136% Yoy to $6.9 Billion, Or 141% on a Constant Currency Basis.
Quarterly Gross Bookings Grew 35% Yoy to $26.4 Billion; Trips During Quarter Grew 18% Yoy to 1.71 Billion.
Quarterly Loss per Share $3.04.
Quarterly Net Loss Includes $5.6 Billion Headwind Relating to Co's Equity Investments, Related to Revaluation of Co's Grab, Aurora, & Didi Stakes.
With Free Cash Flow Approaching Breakeven in Q1, Now Expect to Generate Meaningful Positive Free Cash Flows for Full-year 2022.
Quarterly Net Loss Attributable to Uber Technologies Was $5.9 Billion.
Quarterly Mobility Revenue of $2.5 Billion, Up 11% Qoq & 195% Yoy.
Monthly Active Platform Consumers Increased 17% to 115 Million in Quarter.
Quarterly Delivery Revenue of $2.5 Billion, Up 4% Qoq & 44% Yoy.
Sees Q2 Gross Bookings of $28.5 Billion to $29.5 Billion.
Sees Q2 Adjusted EBITDA of $240 Million to $270 Million.
Further Company Coverage: Ubern ((reuters.