Uber $UBER-0.6% reported its results for the last quarter.

Uber Technologies, Inc.

UBER

$65.67 -$0.38 -0.58%

Capital Structure

Market Cap

137.2B

Enterpr. Val.

145.4B

Valuation

P/E

104.2

P/S

3.6

Dividends

Yield

-

Payout

-

Open $66.50

Day range $65.52 - $66.64

52 week range $37.07 - $82.14

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?