Good news/bad news at Uber Freight: EBITDA loss widens but revenue improves [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
since the digital brokerage's fourth-quarter 2021 integration with shipper-focused transportation management system Transplace. EBITDA at Uber Freight (parent company is NYSE: UBER) was negative $19 million for the third quarter. Since the closing of the Transplace deal and its integration into one company, only twice has Uber Freight posted a larger negative EBITDA: negative $21 million in the first quarter of this year and negative $23 million in the first quarter of 2023. EBITDA a year ago was negative $13 million. Uber Freight has only posted a positive EBITDA three times since the integration, spread out over the first three quarters of 2022: $2 million, $5 million and $1 million, respectively. If there was one financial positive in the earnings at Uber Freight, it was that gross bookings rose year on year as well as sequentially. The year-on-year increase was the first time that such a gain has been realized by Uber Freight since the Transplace integration. (While the th
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UBER
News
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- UBER Q3 Earnings & Revenues Surpass Estimates, Rise Y/Y [Yahoo! Finance Canada]Yahoo! Finance Canada
- Uber Technologies, Inc. (NYSE: UBER) had its price target raised by analysts at Evercore ISI from $90.00 to $120.00. They now have an "outperform" rating on the stock.MarketBeat
- Uber Stock Slides After Bookings Come in Lower than Expected [Yahoo! Finance]Yahoo! Finance
- Uber Technologies, Inc. (NYSE: UBER) was upgraded by analysts at Gordon Haskett from a "hold" rating to a "buy" rating.MarketBeat
UBER
Earnings
- 10/31/24 - Beat
UBER
Sec Filings
- 10/31/24 - Form 10-Q
- 10/31/24 - Form 8-K
- 10/18/24 - Form 4
- UBER's page on the SEC website