Uber beats estimates and the stock is up
Publishing timestamp: 2023-02-08 10:41:18
Summary
Uber reported fourth-quarter earnings Wednesday that beat analysts' estimates on top and bottom lines. CEO Dara Khosrowshahi said Uber ended 2022 with its "strongest quarter ever," capping off its "strongest year." Gross bookings for quarter came in at $30.7 billion, up 19% year over year. Monthly active platform consumers climbed to 131 million in fourth quarter, up 11% year over year. Khosrowshahi said Uber is not seeing any signs of consumer spend weakness.
Sentiment: POSITIVE
Tickers: UBER,
Keywords: media, breaking news: earnings, uber technologies inc, breaking news: technology, business news, technology, dara khosrowshahi, enterprise,
Source: https://www.cnbc.com/2023/02/08/uber-earnings-q4-2022.html