Uber Announces Results for Fourth Quarter and Full Year 2019
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Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Business Wire
Revenue of $4.1 billion, growing 37% year-over-year or 39% on a constant currency basisRides Adjusted EBITDA of $742 million, with continued margin expansion SAN FRANCISCO--(BUSINESS WIRE)--Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the fourth quarter and full year ended December 31, 2019.Financial Highlights for Fourth Quarter 2019Gross Bookings grew $4.0 billion year-over-year to $18.1 billion, representing 28% year-over-year growth, or 30% on a constant currency basis, with Rides and Eats growing 20% and 73% year-over-year, respectively, on a constant currency basis.Revenue grew 37% year-over-year, or 39% on a constant currency basis, up from 30% in the third quarter of 2019.Adjusted Net Revenue (“ANR”) grew 41% year-over-year, or 43% on a constant currency basis, despite seasonal impacts on both Rides and Eats ANR take rates. Take rates expanded over 200 bps and 300 bps year-over-year for Rides and Eats, respectively.Net loss attributable to Uber
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