Q1 Earnings Snapshot
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Uber CEO Dara Khosrowshahi joins 'Squawk Box' to discuss the company's quarterly earnings results, growth of mobility vs. food business, state of the consumer, impact of the Iran war, Uber's 'everything app' ambitions,
Uber reported a robust first quarter of 2026, with gross bookings up 25% to $53.7 billion and trips rising 20%, while adjusted EPS beat expectations. Management announced a record $3 billion in share buybacks and reaffirmed plans to deploy autonomous ...
For Q1, Uber ( UBER) saw revenue rise 14.5% year-over-year to $13.2B to miss the consensus estimate by $60M. Mobility revenue was up 5%, delivery revenue increased 34%, and freight revenue was up 6%. Adjusted EBITDA rose 33% to $2.5B during the quarter to top the consensus estimate.
Uber is scheduled to report earnings before the bell Wednesday. Lyft's report is set for release Thursday after the close.
Uber stock rose in pre-market trading on Wednesday after the company reported higher first-quarter bookings, trips, users, and adjusted profit. The ride-hailing
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Uber shares jump on Q1 beat, strong bookings outlook
Uber posted stronger-than-expected Q1 2026 earnings, with gross bookings and trips surging despite a challenging economy, sending shares up nearly 10%. The company raised its Q2 guidance and unveiled strategic moves into autonomous vehicles, premium ...
By Akash Sriram May 6 (Reuters) - Uber Technologies forecast second-quarter bookings above Wall Street estimates on Wednesday on strong demand for ride-hailing and delivery services, even though the Middle East conflict weighed on its growth.