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Uber $UBER+0.0% reported its results for the last quarter.

UBER
$78.02 $1.58 +2.07%
1 Day
+2.07%
5 Days
-3.13%
1 Month
+20.88%
6 Months
+75.94%
1 Year
+125.91%
YTD
+33.66%
5 Years
+87.71%
Max.
+87.71%

Uber third quarter:

Earnings per share: 10 cents (12 cents expected)

Revenue: $9.29 billion ($9.52 billion expected)

Revenue growth of 11% compared to the prior year

Net income of $221 million (versus a loss of $1.2 billion in the prior year)

Gross bookings of $35.3 billion (up 21%)

For the fourth quarter of 2023, Uber expects gross bookings between $36.5 billion and $37.5 billion and adjusted EBITDA between $1.18 billion and $1.24 billion.

Uber's largest segments - Mobility and Delivery - saw gross bookings grow 31% and 18%, respectively, compared to the prior year.

The number of monthly active users on the Uber platform grew 15% to 142 million, and 2.44 billion rides were taken (up 25%).

Do you have Uber in your portfolio? How do you like or dislike the results?


I don't have Uber stock in my portfolio and the results are worse from my perspective. How do you view the company?

I don't find the results particularly dazzling either and I don't have any in my portfolio yet. However, I have a lot of faith in this company for the future.

I agree and see it the same way :)