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Uber Q2 Earnings: Revenue And EPS Beat, 30M Trips Per Day, CEO Highlights Record Growth And More

Uber Technologies, Inc (NYSE:UBER) reported fiscal second-quarter 2024 revenue growth of 16% year-on-year to $10.70 billion, beating the analyst consensus estimate of $10.57 billion. Uber’s GAAP EPS of 47 cents beat the analyst consensus estimate of 31 cents. The stock gained after the report. Revenue from Mobility grew to $6.13 billion, up 25% year over year. Delivery was $3.29 billion, up 8%, and Freight was $1.27 billion, flat year over year. Gross Bookings grew 19% year-over-year to $39.95 billion versus analyst consensus of $39.7 billion, Bloomberg reports. Mobility Gross Bookings of $20.55 billion, up 23% year-over-year, Delivery Gross Bookings of $18.13 billion, up 16%, and Freight ...