- Grab press release ( NASDAQ: GRAB ): Q2 GAAP EPS of -$0.15 misses by $0.06 .
- Revenue of $321M (+79.3% Y/Y) beats by $48.66M .
- Q2 GMV of $5.1 billion, up 30% year-over-year
- MTUs grew 12% YoY to 32.6 million, while the number of users of more than one service on our platform improved, with 62% of MTUs now using 2 or more services on our platform compared to 56% in 2021.
- For FY 2022, lowering GMV estimates to 21% to 25% growth YoY (25% to 29% on a constant currency basis) from the previous guidance of 30% to 35%.
- Revenue to come in between $1.25 billion to $1.3 billion ($1.25B consensus), at the higher end of our previously announced guidance range of $1.2 billion to $1.3 billion.
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Grab GAAP EPS of -$0.15 misses by $0.06, revenue of $321M beats by $48.66M