Uber Q2 Earnings Analysis

Uber on iPhone
"uber" (CC BY 2.0) by stockcatalog
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Q2 Earnings Highlights Uber's gross bookings totaled $21.9 billion in the second quarter.Gross platform spend resulted in $3.93 billion in revenues ($3.74 billion est.)Adjusted EBITDA loss of $509 million (-$324.5 million).Guidance: "For Q3, we expect total company Gross Bookings to be between $22-24 billion and total company Adjusted EBITDA to be better than a loss […]

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