Uber EPS misses by $0.98, beats on revenue
- Uber (NYSE:UBER): Q3 GAAP EPS of -$1.28 misses by $0.98.
- Revenue of $4.85B (+72.6% Y/Y) beats by $440M.
- Shares +0.5%.
- Press Release
- Gross Bookings reached an all-time high of $23.1B, up 57% Y/Y.
- Trips during the quarter grew 39% Y/Y to 1.64B, or nearly 18 million trips per day on average.
- For Q4. the company expects gross bookings of $25B to $26B and adjusted EBITDA of $25M to $75M.