![]() This quarter marks the completion of a series of portfolio actions that began in Q2 with a goal of focusing the company on its two massive core opportunities, of mobility and delivery. Disciplined execution and increased scale on our delivery business allowed us to improve our adjusted EBIDA by 161 million year on year in Q4. Despite renewed lockdowns in Q4, we ended the year with total company gross bookings nearly flat year on year in December, with gross bookings turning positive in January. However long the recovery takes, Uber’s business remains well positioned. While there’s still a lot of work to do, we’re cautiously optimistic that this progress will continue and in fact, accelerate over the next quarters. Since our last earnings call, the world has made considerable progress in the fight against COVID. Thank you Balaji, and thanks for everyone joining us today. For the remainder of this discussion, all growth rates reflect year-over-year growth and are on a constant currency basis, unless otherwise noted. For more information about factors that may cause actual results to differ materially from forward-looking statements, please refer to the press release we issued today as well, as well as the risks and uncertainties described in our most recent quarterly report on form 10-Q for the quarter ended September 30, 2020, and in other filings made with the SEC when available.įollowing prepared remarks today, we will open the call to questions. Actual results may differ materially from these forward-looking statements, and we do not undertake any obligation to update any forward-looking statements we make today, except as required by law. You should not place undue reliance on forward-looking statements. Such statements can be identified by terms such as believe, expect, intend, and may. Certain statements in this presentation and on this call are forward-looking statements. I will remind you that these numbers are un-audited and may be subject to change. Additional disclosures regarding these non-GAAP measures, including a reconciliation of GAAP to non-GAAP measures are included in the press release, supplemental slides, and our filings with the SEC, each of which is posted to. During today’s call, we will present both GAAP and non-GAAP financial measures. This is Balaji Krishnamurthy from the investor relations team. On the call today, we have Uber CEO Dara Khosrowshahi and CFO Nelson Chai. Thank you for joining us today and welcome to Uber Technologies’ fourth quarter and full-year 2020 earnings presentation. I would now like to hand the conference over to your speaker today, Balaji Krishnamurthy, investor relations. If you require any further assistance, please press *0. ![]() To ask a question during the session, you will need to press *1 on your telephone. After the speaker’s presentation, there will be a question and answer session. At this time, all participants are in a listen-only mode. View source version on businesswire.Ladies and gentlemen, thank you for standing by and welcome to Uber’s Q4 2020 earnings conference call. By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities. We started in 2010 to solve a simple problem: how do you get access to a ride at the touch of a button? More than 3 billion trips later, we’re building products to get people closer to where they want to be. Uber’s mission is to create opportunity through movement. Accordingly, investors should monitor the company’s Investor Relations website, in addition to following the company’s press releases, SEC filings, public conference calls, presentations, and webcasts. Uber uses and intends to continue to use its Investor Relations website as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD. A replay of the conference call will be accessible for at least 90 days. ![]() Eastern Time).Ī live webcast of the conference call and earnings release materials can be found on Uber’s Investor Relations website at. (NYSE: UBER) will hold its quarterly conference call to discuss its first quarter 2023 financial results on Tuesday, May 2 at 5:00 a.m. ![]() SAN FRANCISCO, April 11, 2023-( BUSINESS WIRE)-Uber Technologies, Inc.
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