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0 0.00153374233128825 0.00153374233128825 0.000492171046607396 0.000675304459298505 0.00535665232121595 0.00446387693434665 0.00391447669627319
Stock impact report

Uber Continues To Enjoy Robust Demand But Legal Bills Take A Toll On Its Bottom Line [Yahoo! Finance]

FactSet Research Systems Inc. (FDS) 
Last factset research systems inc. earnings: 3/26 07:01 am Check Earnings Report
US:NYSE Investor Relations: investor.factset.com
Company Research Source: Yahoo! Finance
First Quarter Highlights For the three months ended on March 31st, revenue grew 15% to $10.13 billion, slightly surpassing LSEG's estimate of $10.11 billion. Gross bookings amounted to $37.65 billion which is below StreetAccount's estimate of $37.93 billion. The mobility segment grew 25% YoY as gross bookings amounted to $18.67 billion with revenue rising 30% YoY as it brought in sales of $5.63 billion. The delivery business reported gross bookings grew 18% YoY $17.7 billion while revenue only grew 4% YoY to $3.21 billion. Uber noted that the delivery margin was harmed by business model changes. Freight business brought in $1.28 billion as it contracted 8% YoY. Unexpectedly, Uber's net loss widened to $654 million, or a 32-cent loss per share, while LSEG expected a 23-cent loss, as long-running legal fights took a toll on its bottom line. But, adjusted EBITDA rose 82% YoY to $1.38 billion. Uber gathered 149 million monthly active platform consumers, marking a YoY rise of Show less Read more
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