Uber: record EBITDA margin in the 3rd quarter


(CercleFinance.com) – Uber Technologies publishes attributable net profit of $221 million for the third quarter of 2023, as well as an adjusted EBITDA margin improving by 1.3 points to 3.1% of gross bookings, a historic high.

Revenue increased 11% to $9.3 billion (+10% at constant currencies), and gross bookings increased 21% to $35.3 billion (including +31% in mobility and +18% in deliveries).

For the last three months of 2023, the services platform indicates that it anticipates adjusted EBITDA of $1.18 to $1.24 billion (compared to $1.1 billion for the past quarter), as well as gross bookings of $36.5 to $1.24 billion. 37.5 billion.

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