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Benzinga
Benzinga
Business
Anusuya Lahiri

UNBELIEVABLE: Uber shares gain as analysts cheer q2 performance free cash flow feats - The Untold Story

Uber Technologies, Inc (NYSE:UBER) clocked 105% revenue growth in Q2 to $8.1 billion, beating the consensus. Revenue from Mobility grew to $3.55 billion (+120% Y/Y), with Mobility Gross Bookings of $13.4 billion (+55% Y/Y).

Uber became a free cash flow generator in Q2. 

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