Tech Nuggets with the Technology: Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss (Preetika Rana/Wall Street Journal)

Tuesday, May 2, 2023

Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss (Preetika Rana/Wall Street Journal)

Preetika Rana / Wall Street Journal:
Uber reports Q1 revenue up 29% YoY to $8.82B, gross bookings up 19% YoY to $31.4B, $761M in adjusted EBITDA, up from $593M in Q1 2022, and a $157M loss — Ride-hailing leader predicts continuing growth for current quarter — Continued demand for Uber Technologies ' ride-share …

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