Uber Technologies Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents

Uber Technologies Inc Q1 2023 Earnings Call Summary

Uber Technologies Inc Q1 2023 Earnings Call Summary - Thomson StreetEvents
Uber Technologies Inc Q1 2023 Earnings Call Summary
Published May 02, 2023
14 pages (8503 words) — Published May 02, 2023
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About This Report

  
Abstract:

Edited Brief of UBER.N earnings conference call or presentation 2-May-23 12:00pm GMT

  
Brief Excerpt:

...A. Highlights: Off to strong start in 2023. 1. Constant-currency gross bookings, up 22% YonY. a. b. Trips outpaced gross bookings growth, growing 24% from 4Q22's 19%. 2. Adjusted EBITDA $761m. Exceeded high-end of guidance. a. 3. Strong incremental adjusted EBITDA margin, 12%. 4. Free cash flow $549m; record. 5. Results exceeded investor expectations and Co.'s own internal plans over the past two years. Even after performing well, Co. is acutely aware that expectations have only continued to increase for scaled platforms, like UBER's. a. 6. Working to accelerate path to GAAP net income by optimizing entire P&L, every single line item. Despite any macroeconomic uncertainty, more confident than ever in Co.'s prospects. a....

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Uber Technologies Inc
Ticker
UBER.N
Time
12:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Lloyd Wharton Walmsley - UBS Investment Bank, Research Division - Analyst : Two, if I can. First, just kind of continuing on the last question. I appreciate the color on hailables and the new formats. I guess on that international side of the medium-term growth, what is the update, the latest update on some of the markets you flagged at the Analyst Day, like South Korea, Spain and Germany. And then second one, following up on some of the earlier Delivery questions, like how much do you think of the benefit you guys are seeing in terms of market share as a function of product improvements versus maybe more discipline across the competitive landscape, just with the rising cost of capital you flagged, I think, Japan in particular. But like anything -- do you feel like those are also part of the benefit and like where are we in seeing the benefit of just a more rational competitive landscape?

Table Of Contents

Uber Technologies Inc Q3 2023 Earnings Call Summary – 2023-11-07 – US$ 54.00 – Edited Brief of UBER.N earnings conference call or presentation 7-Nov-23 1:00pm GMT

Uber Technologies Inc at Goldman Sachs Communacopia + Technology Conference Transcript – 2023-09-07 – US$ 54.00 – Edited Transcript of UBER.N presentation 7-Sep-23 5:50pm GMT

Uber Technologies Inc Q2 2023 Earnings Call Summary – 2023-08-01 – US$ 54.00 – Edited Brief of UBER.N earnings conference call or presentation 1-Aug-23 12:00pm GMT

Uber Technologies Inc Q2 2023 Earnings Call Transcript – 2023-08-01 – US$ 54.00 – Edited Transcript of UBER.N earnings conference call or presentation 1-Aug-23 12:00pm GMT

Uber Technologies Inc Q1 2023 Earnings Call Transcript – 2023-05-02 – US$ 54.00 – Edited Transcript of UBER.N earnings conference call or presentation 2-May-23 12:00pm GMT

Uber Technologies Inc at Morgan Stanley Technology, Media & Telecom Conference Transcript – 2023-03-06 – US$ 54.00 – Edited Transcript of UBER.N presentation 6-Mar-23 6:25pm GMT

Uber Technologies Inc Q4 2022 Earnings Call Summary – 2023-02-08 – US$ 54.00 – Edited Brief of UBER.N earnings conference call or presentation 8-Feb-23 1:00pm GMT

Uber Technologies Inc Q4 2022 Earnings Call Transcript – 2023-02-08 – US$ 54.00 – Edited Transcript of UBER.N earnings conference call or presentation 8-Feb-23 1:00pm GMT

Uber Technologies Inc Q3 2022 Earnings Call Summary – 2022-11-01 – US$ 54.00 – Edited Brief of UBER.N earnings conference call or presentation 1-Nov-22 12:00pm GMT

Uber Technologies Inc Q3 2022 Earnings Call Transcript – 2022-11-01 – US$ 54.00 – Edited Transcript of UBER.N earnings conference call or presentation 1-Nov-22 12:00pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Uber Technologies Inc Q1 2023 Earnings Call Summary" May 02, 2023. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Uber-Technologies-Inc-Earnings-Call-B15545577>
  
APA:
Thomson StreetEvents. (2023). Uber Technologies Inc Q1 2023 Earnings Call Summary May 02, 2023. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Uber-Technologies-Inc-Earnings-Call-B15545577>
  
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