Uber reports Q1 revenue up 14% YoY to $11.5B, Gross Bookings up 14% YoY to $42.8B, below $43.1B est., trips up 18% YoY to 3B, and $1.8B in net income
Uber Technologies Inc. reported weaker-than-expected quarterly gross bookings, citing lower US inbound travel that's led to slower gains in its rideshare business.
Bloomberg Natalie Lung
Related Coverage
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- Uber shares fall as Q1 revenue, bookings miss estimates despite strong profit Proactive · Angela Harmantas
- Uber Sees Strong Trip Growth But Warns About US Rideshare Pressure In 2025 Outlook Benzinga · Anusuya Lahiri
- Uber forecasts upbeat second quarter on steady ride-hailing, delivery demand The Economic Times
- Uber's Q1 revenue grows 14% as shares drop 6% Tech in Asia · Naomi Li Gan
- Uber Announces Results for First Quarter 2025 Uber
- Uber misses revenue expectations with trips up 18% over last year CNBC · Lora Kolodny
- Uber Decelerates but Still Moving Fast Motley Fool · Jason Hall
- Uber Revenue Up 14 Percent, Despite Economic Fears New York Times · Eli Tan
- Uber shares fall amid fears of slowing US consumer demand Financial Times
- Uber earnings: Stock drops despite upbeat current quarter guidance Yahoo Finance · Pras Subramanian
- Uber Stock Tumbles on First-Quarter Earnings. Here's Why. Barron's Online · Mackenzie Tatananni
- Uber CEO tells staff ‘it is what it is’ on return to office, benefits changes New York Post · Taylor Herzlich
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Discussion
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@hoomansv
Hooman
on x
$UBER did $2.25B in FCF in Q1, up ~ 67% YoY. That's ~ 4x what $tsla put up LOL [image]
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@economyapp
@economyapp
on x
$UBER Uber Q1 FY25: • Gross bookings +18% Y/Y fxn to $42.8B. • Revenue +14% Y/Y to $11.5B ($0.1B miss). • Adj. EBITDA +35% Y/Y to $1.9B. Q2 FY25 guidance: • Gross bookings ~$46.5B ($0.6B beat). • Adjusted EBITDA up 29% to 35% Y/Y. [image]
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@carnage4life
Dare Obasanjo
on bluesky
Uber changes RTO policy from 2 to 3 days including people previously approved for remote work and changes eligibility for sabbatical from 5 to 8 years. — In response to irate employees, Uber's CEO said “If you're here for a sabbatical and this change causes you to change your m…
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@lorak
Lora Kolodny
on bluesky
Uber employees and leaders clashed after the co. raised its in-office requirement to 3 days and changed the eligibility for its month-long paid sabbatical benefit. CEO Dara Khosrowshahi basically told them to deal with it... CNBC's @jennelias.bsky.social has the scoop. www.cnbc.…
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@jennelias
Jennifer Elias
on bluesky
New: Uber CEO Dara Khosrowshahi told employees “it is what it is” at a heated all-hands meeting after the company announced it would increase its in-office requirements and change benefits. The CEO told employees they should be more concerned about their impact on the company th…
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@stevekovach
Steve Kovach
on bluesky
This kind of response — “it is what it is” — would've been unthinkable during Covid. — Employers have the leverage again. Especially when everyone knows a recession is likely. [embedded post]
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r/technology
r
on reddit
Uber CEO says changing employee benefits ‘is a risk we decided to take’