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Benzinga
Benzinga
Business
Anusuya Lahiri

Uber Shares Gain As Analysts Cheer Q2 Performance, Free Cash Flow Feats

Uber Mobility NYSE Andrew Boone Brad Erickson Brian Nowak James Lee Delivery

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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