Uber (NYSE:UBER) Revenue grew 49% YoY to $8.6 billion in Q4 2022

/ / Consumer Discretionary /

February 8, 2023 – Uber Technologies, Inc. (NYSE: UBER) today announced financial results for the quarter and full year ended December 31, 2022. Financial Highlights for Fourth Quarter 2022 Gross Bookings grew 19% year-over-year (“YoY”) to $30.7 billion, or 26% on a constant currency basis, with Mobility Gross Bookings of $14.9 billion (+31% YoY or +37% YoY constant currency) and Delivery Gross Bookings of $14.3 billion (+6% YoY or +14% YoY constant currency). Trips during the quarter grew 19% YoY to 2.1 billion, an all-time quarterly high, or approximately 23 million trips per day on average. Revenue grew 49% YoY to $8.6 billion, or 59% on a constant currency basis, with Revenue growth significantly outpacing Gross Bookings growth due to a change in the business model for our UK Mobility business and the acquisition of Transplace by Uber Freight. Uber posted Q4 earnings Wednesday of $0.29 per diluted share, down from $0.44 per

Uber (NYSE:UBER) Revenue grew 49% YoY to $8.6 billion in Q4 2022 Read Post »

Uber (NYSE:UBER) had revenue of $8.61 billion in Q4 2022 versus market expectations of $8.47 billion

/ / Consumer Discretionary /

Uber (NYSE:UBER) revenue in Q4 2022 was $8.61 billion, compared to $5.78 billion in the same period last year, and market expectations were $8.47 billion, while Q4 travel bookings were $14.89 billion versus market expectations of $14.72 billion.

Uber (NYSE:UBER) had revenue of $8.61 billion in Q4 2022 versus market expectations of $8.47 billion Read Post »

Disney (NYSE:DIS) revenue of $23.51 billion in Q1 2023, YoY+8%

/ / Consumer Discretionary /

February 8, 2023 The Walt Disney Company today reported earnings for its first quarter ended December 31, 2022. Revenues for the quarter grew 8% to $23.51 billion. Diluted earnings per share (EPS) from continuing operations for the quarter increased to $0.70 from $0.63 in the prior-year quarter. Adjusted per-share earnings fell to $0.99 during the three months ended Dec. 31 from $1.06 a year earlier, compared with the consensus on Capital IQ for $0.79. Excluding certain items, diluted EPS for the quarter decreased to $0.99 from $1.06 in the prior-year quarter. The following table summarizes the first quarter results for fiscal 2023 and 2022 (in millions, except per share amounts): segment revenue and segment operating income Paid subscribers THE WALT DISNEY COMPANY CONDENSED CONSOLIDATED STATEMENTS OF INCOME

Disney (NYSE:DIS) revenue of $23.51 billion in Q1 2023, YoY+8% Read Post »

Disney (NYSE:DIS) had revenue of $23.51 billion in Q1 2023, versus analyst expectations of $23.39 billion

/ / Consumer Discretionary /

Disney (NYSE:DIS) had Q1 2023 revenue of $23.51 billion, versus analyst expectations of $23.39 billion, Disney+ subscribers for Q1 2023 of $161.8 million versus 164 million expected, adjusted earnings per share for Q1 2023 of $0.99 versus analyst expectations of $0.74, and Q1 2023 revenue of $8.74 billion.

Disney (NYSE:DIS) had revenue of $23.51 billion in Q1 2023, versus analyst expectations of $23.39 billion Read Post »

Fox Corp (NASDAQ:FOXA) will be more aggressive in looking for acquisition targets after deciding to cancel its proposed merger with News Corp

/ / Consumer Discretionary /

Fox Corp (NASDAQ:FOXA) will be more aggressive in looking for acquisition targets after deciding to cancel its proposed merger with News Corp Fox Corp (NASDAQ:FOXA) executive chairman and CEO Lacklan Murdoch said the media company would be more aggressive in looking for acquisition targets following its decision to cancel plans to remerge with News Corp. Lachlan Murdoch said on a conference call with Wall Street analysts to discuss Fox’s quarterly results, “We’re definitely looking at something.” M&A will be a more important part of our toolbox. He said Fox has about $4 billion in cash, making the company well-prepared to “seize opportunities as they arise.” ”

Fox Corp (NASDAQ:FOXA) will be more aggressive in looking for acquisition targets after deciding to cancel its proposed merger with News Corp Read Post »

Snap (NYSE:SNAP) said its “internal forecast” is that revenue will decline 2% to 10% in Q1 2023

/ / Technology /

Snap (NYSE:SNAP) said its “internal forecast” is that revenue will decline 2% to 10% in the first quarter of 2023, significantly lower than the market expectation of 1.48% year-over-year growth, which is also the first time Snap has predicted a decline in quarterly results.

Snap (NYSE:SNAP) said its “internal forecast” is that revenue will decline 2% to 10% in Q1 2023 Read Post »

Western Digital (NASDAQ: WDC) Revenue of Q2 2023 was $3.11 billion, down 35.71% year-over-year

/ / Technology /

January 31, 2023 — Western Digital Corp. (Nasdaq: WDC) today reported fiscal second quarter 2023 financial results. Western Digital (NASDAQ: WDC) Revenue for Q2 2023 was $3.11 billion, down 35.71% year-over-year。 reported ($0.42) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.34), RTT News reports. Western Digital had a positive return on equity of 5.78% and a negative net margin of 0.59%. The business had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.97 billion. Fiscal Second Quarter 2023 Financial Results Second quarter revenue was $3.11 billion, at the high end of the guidance range. Second quarter GAAP earnings per share (EPS) was $(1.40) and Non-GAAP EPS was $(0.42), which includes $100 million of underutilization related charges in HDD. Second quarter GAAP operating loss was $321 million and Non-GAAP operating loss was $119 million. Expect fiscal third quarter 2023 revenue

Western Digital (NASDAQ: WDC) Revenue of Q2 2023 was $3.11 billion, down 35.71% year-over-year Read Post »

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