Uber beats on revenue even as mobility and delivery units miss estimates
Uber reported third-quarter revenue that exceeded analysts' expectations, driven by growth in its freight division, even as its core mobility and delivery units missed individual estimates. Total bookings were roughly in line with forecasts, while net income declined significantly compared to the previous year. CEO Dara Khosrowshahi noted that overseas mobility performance was impacted by tighter driver availability and elevated fuel prices. Open article →
- Uber needs drivers. It wants to throw your money at the problem
- Uber Plans to Invest More to Build Self-Driving Car Availability
- Uber's Ride-Hail Bookings, Trips Miss on Overseas Driver Crunch
- Uber reports Q3 revenue up 10% YoY to $14.8B, Gross Bookings up 20% to $59.8B, trips up 16% to 4B, and plans to scale its autonomous fleet to 2,000+ in 2027
- $UBER just said it plans to have 700 fullly self driving cars by the end of 2026 Uber said it pl...
- UBER $UBER JUST REPORTED Q3 EARNINGS EPS of $0.88 beating expectations of $0.86 🟢 Revenue of $14...
- Uber beats on revenue even as mobility and delivery units miss estimates https://t.co/aeXFNYnzSt
- Congratulations to my friends at $UBER for another exceptional quarter. Demand, growth, free ca...