Uber Slides 2% Despite Earnings Beat as Revenue Mi…
From Financial Modeling Prep: 2025-05-07 16:31:00
Uber Technologies (NYSE: UBER) beat analyst expectations with adjusted earnings per share of $0.83, but shares dropped over 2% as revenue of $11.53 billion narrowly missed estimates. Gross bookings increased 14% to $42.8 billion, trips rose 18% to 3 billion, and Monthly Active Platform Consumers grew by 14%.
Adjusted EBITDA for Uber surged 35% to $1.9 billion, with margin expansion to 4.4% of gross bookings. The company generated over $2 billion in free cash flow for the quarter, demonstrating improved capital efficiency and profitability. Despite the revenue miss, management highlighted strong user retention and scale-driven profitability.
Uber forecasts second-quarter gross bookings between $45.75 billion and $47.25 billion, with adjusted EBITDA expected to be in the range of $2.02 billion to $2.12 billion—representing potential growth of up to 35% from the previous year. The company remains optimistic about its solid user growth across mobility and delivery services.
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