UBER - Uber Analysts Increase Their Forecasts After Q4 Results | Benzinga
Uber Technologies, Inc (NYSE: UBER) reported better-than-expected sales for its fourth quarter on Wednesday.
The company posted fourth-quarter FY23 revenue growth of 15% year-on-year to $9.94 billion, beating the consensus of $9.76 billion. Uber’s GAAP EPS of 29 cents beat the consensus of 17 cents, according to data from Benzinga Pro.
Revenue from Mobility grew to $5.54 billion, up 34% year-over-year, Delivery was $3.12 billion, up 6%, and Freight at $1.28 billion, which fell 17% year-over-year.
Gross Bookings grew 22% year-over-year to $37.58 billion, with Mobility Gross Bookings of $19.29 billion, up 29% year-over-year, ...