uber-reports-q1-revenue-up-14%-yoy-to-$115b,-gross-bookings-up-14%-yoy-to-$428b,-vs-$431b-est,-trips-up-18%-yoy-to-3b,-and-$1.8b-net-income;-uber-falls-~5%-(natalie-lung/bloomberg)

Uber reports Q1 revenue up 14% YoY to $11.5B, Gross Bookings up 14% YoY to $42.8B, vs. $43.1B est., trips up 18% YoY to 3B, and $1.8B net income; UBER falls ~5% (Natalie Lung/Bloomberg)

Natalie Lung / Bloomberg:
Uber reports Q1 revenue up 14% YoY to $11.5B, Gross Bookings up 14% YoY to $42.8B, vs. $43.1B est., trips up 18% YoY to 3B, and $1.8B net income; UBER falls ~5%  —  Uber Technologies Inc. reported weaker-than-expected quarterly gross bookings and slower gains in its rideshare business …

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