BRIEF-Uber Says It Expects Q1 Revenue Of $3.04 Billion to $3.10 Billion
- Country:
- United States
Uber Technologies Inc: * UBER TECHNOLOGIES INC - IN 2018, GROSS BOOKINGS GREW TO $49.8 BILLION, UP 45% FROM $34.4 BILLION IN 2017
* UBER TECHNOLOGIES INC - IN 2018, REVENUE REACHED $11.3 BILLION, UP 42% FROM $7.9 BILLION IN THE PRIOR YEAR * UBER TECHNOLOGIES INC - THERE WERE 1.5 BILLION TRIPS ON PLATFORM FOR THE QUARTER ENDED DECEMBER 31, 2018
* UBER TECHNOLOGIES INC - SEES Q1 REVENUE $3,043 MILLION TO $3,104 MILLION * UBER TECHNOLOGIES INC SAYS SEES MONTHLY ACTIVE PLATFORM CONSUMERS OF ABOUT 93 MILLION IN QUARTER ENDED MARCH 31 2019
* UBER TECHNOLOGIES INC Q1 NET LOSS ATTRIBUTABLE TO CO IN RANGE OF $1,110 MILLION - $1,000 MILLION * UBER TECHNOLOGIES INC - SEES Q1 GROSS BOOKINGS $14,443 MILLION - $ 14,658 MILLION
* UBER TECHNOLOGIES INC SAYS SEES TRIPS OF ABOUT 1550 MILLION IN QUARTER ENDED MARCH 31 2019 * UBER TECHNOLOGIES INC - EXPECT CORE PLATFORM CONTRIBUTION MARGIN TO BE WITHIN RANGE OF NEGATIVE 4% TO NEGATIVE 7% FOR 3 MONTHS ENDED MARCH 31, 2019
* UBER TECHNOLOGIES INC Q1 UBER EATS GROSS BOOKING $3,035 MILLION - $3,075 MILLION * UBER TECHNOLOGIES INC SEES Q1 UBER EATS REVENUE $ 520 MILLION TO $ 537 MILLION
* UBER TECHNOLOGIES INC - SEES Q1 RIDESHARING ADJUSTED NET REVENUE $2,294 MILLION TO $2,339 MILLION * UBER TECHNOLOGIES INC SAYS SEES ADJUSTED NET REVENUE OF $2,695 MILLION TO $2,770 MILLION FOR QUARTER ENDED MARCH 31
* UBER - SHORTLY AFTER CLOSING OF OFFERING, PAYPAL WILL PURCHASE $500 MILLION COMMON STOCK IN A PRIVATE PLACEMENT AT A PRICE/SHARE EQUAL TO IPO PRICE * UBER - BASED ON AN ASSUMED IPO PRICE OF $47.00/SHARE, WHICH IS MIDPOINT OF ESTIMATED OFFERING PRICE RANGE, PAYPAL WOULD PURCHASE 10.6 MILLION SHARES
* UBER - SALE OF SHARES TO PAYPAL WILL NOT BE REGISTERED IN IPO, WILL BE SUBJECT TO A LOCKUP AGREEMENT WITH UNDERWRITERS FOR A PERIOD OF 270 DAYS Source text: (https://bit.ly/2WedURf) Further company coverage:
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