earnings
confidence high
sentiment positive
materiality 0.85
Uber Q3 revenue $11.2B (+20% YoY), first GAAP operating income over $1B at $1.1B
Uber Technologies, Inc
2024-Q3 EPS reported
$1.36
revenue$32,019,000,000
- Adjusted EBITDA $1.7B (+55% YoY); margin 4.1% of Gross Bookings vs 3.1% a year ago.
- Gross Bookings $41.0B (+16% YoY, +20% cc); Trips 2.9B (+17%); MAPCs 161M (+13%).
- Mobility revenue $6.4B (+26% YoY); Delivery $3.5B (+18%); Freight $1.3B (+2%).
- Q4 guidance: Gross Bookings $42.75-44.25B; Adjusted EBITDA $1.78-1.88B (39-47% YoY growth).
- Completed $4.0B senior notes issuance (investment grade) and new $5.0B credit facility; $375M share repurchases in Q3.