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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


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2025-05-07 15:28:53
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Cybersecurity Business

Natalie Lung / Bloomberg:

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.




Natalie Lung / Bloomberg:

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.



Source: TechMeme
Source Link: http://www.techmeme.com/250507/p16#a250507p16


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