Uber disappoints on net profit, Ebitda margin at a peak


(AOF) – Uber is expected to decline slightly after presenting half-year results below expectations: earnings per share only reached 10 cents compared to 11 cents anticipated. However, turnover increased by 10% over one year at constant rate to 9.3 billion dollars, with an Ebitda margin at a “historic high” of 3.1% compared to 1.8% ago. a year. Gross bookings gained 21% year-on-year to $35.3 billion. Uber expects them to reach 36.5 billion to 37.5 billion in the fourth quarter with adjusted Ebitda between 1.18 billion and 1.24 billion.

The latter amounted to 1.09 billion in the third quarter, an increase of 112%.

The market expects $36.31 billion for gross bookings and $1.15 billion for adjusted Ebitda over the last three months of the year.

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