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Saturday, May 25, 2024
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Uber Reports Growth In Trips And Users, Yet Misses Earnings Forecasts In Q3 Financial Reveal

Uber Technologies, Inc (NYSE: UBER) reported third-quarter FY23 revenue growth of 11% year-on-year to $9.29 billion, missing the consensus of $9.52 billion. Uber's GAAP EPS of $0.10 missed the consensus of $0.12

Revenue from Mobility grew to $5.07 billion, up 33% year-over-year, Delivery was $2.94 billion, up 6%, and Freight at $1.29 billion, which fell 27% year-over-year.

Gross Bookings grew 21% year-over-year to $35.3 billion, ...

Full story available on Benzinga.com


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