Uber Inc. (UBER) PT Lowered to $45 at Mizuho Securities Following 3Q
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Uber Announces Results for Third Quarter 2019
November 4, 2019 4:05 PM ESTRevenue of $3.8 billion, with growth accelerating to 30% year-over-year, or 31% on a constant currency basis
Record Rides Adjusted EBITDA of $631 million, fully covering our Corporate G&A and Platform R&D
SAN FRANCISCO--(BUSINESS WIRE)-- Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter ended September 30, 2019.
Our results this quarter decisively demonstrate the growing profitability of our Rides segment, said Dara Khosrowshahi, CEO. Rides Adjusted EBITDA is up 52% year-over-year and now more than covers our corporate overhead. Revenue... More
