Categories AlphaGraphs, Earnings, Industrials
UBER Infographic: Uber Technologies Q4 revenue up 49%; earnings decline
Uber Technologies, Inc. (NYSE: UBER) reported a decline in net profit for the fourth quarter of 2022 when the ride-hailing company’s revenues increased by double digits amid strong booking growth.
Net income for the December quarter was $595 million or $0.29 per share, compared to $892 million or $0.44 per share in the corresponding period of last year.
Meanwhile, there was a 49% increase in net revenues to $8.61 billion in the most recent quarter from $5.78 billion in the fourth quarter of 2021. At $30.7 billion, gross bookings were up 19% year-over-year.
Check this space to read management/analysts’ comments on Uber’s Q4 2022 earnings
“Our global scale and unique platform advantages position us well to accelerate this momentum into 2023,” said Dara Khosrowshahi, chief executive officer of Uber.
Prior Performance
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
