Monday, March 7, 2022

Uber Lifts Q1 Outlook; Mobility Business Bouncing Back Faster Than It Projected

Uber Technologies, Inc. (UBER), said, for first quarter, the company now expects: adjusted EBITDA between $130 million and $150 million, revised from prior guidance range of $100 million to $130 million. The company projects sequential improvement in both Mobility and Delivery segment adjusted EBITDA for the first quarter.

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