Grab Holdings (GRAB) Tops Q3 EPS by 2c, Updates FY Guidance
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Grab Reports Third Quarter 2022 Results
November 16, 2022 7:00 AM ESTQ3 record Revenue of $382 million, up 143% year-over-year Q3 GMV of $5.1 billion, up 26% year-over-year Q3 Loss of $342 million, a 65% improvement year-over-year Achieved segment adjusted EBITDA breakeven for overall Deliveries and Core Food Deliveries Revised FY2022 revenue guidance to $1.32 billion - $1.35 billion, up from $1.25 billion - $1.30 billion Revised H2 2022 Adjusted EBITDA guidance to negative $315 million, $65 million improvement from negative $380 million and a 40% half-on-half improvement
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