Uber Q1 Net Loss Sharply Widens, Misses Estimates rttnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rttnews.com Daily Mail and Mail on Sunday newspapers.
Ride sharing and on demand delivery service Uber (NYSE: UBER) reported Q4 FY2023 results beating Wall Street analysts' expectations, with revenue up 15.4% year on year to $9.94 billion. It made a GAAP profit of $0.66 per share, improving from its profit of $0.29 per share in the same quarter last year.
Uber Technologies, Inc. (UBER) reported that its fourth quarter net income attributable to Uber increased to $1.43 billion from $595 million, a year ago. The company noted that its result included a $1.
Fourth quarter trips and monthly active platform consumers grew 24% and 15% year-over-year, respectively
Fourth quarter Gross Bookings grew 22% year-over-year and 21% year-over-year on a constant.
Trips and monthly active platform consumers growth accelerated to 25% and 15% year-over-year, respectively
Gross Bookings grew 21% year-over-year and 20% year-over-year on a constant currency.