No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Monday, October 6, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Uber Freight’s best EBITDA in years gets little attention

by TheAdviserMagazine
5 months ago
in Business
Reading Time: 2 mins read
A A
Uber Freight’s best EBITDA in years gets little attention
Share on FacebookShare on TwitterShare on LInkedIn


Uber Freight barely got a mention in the parent company’s first-quarter earnings report even though its financial performance was one of the best it has had in several quarters.

Earnings before interest, taxes, depreciation and amortization for the digital brokerage came in at negative $7 million on revenue figures that were less than both the first quarter of 2024 and sequentially from 2024’s fourth quarter.

That is the smallest EBITDA loss since the company recorded a small EBITDA profit of $1 million in the third quarter of 2022. Since then, Uber Freight quarterly EBITDA losses have been as large as $22 million in 2024’s fourth quarter and $23 million in the first quarter of 2023.

The EBITDA improvement was not a function of higher revenue. Revenue at Uber Freight was $1.26 billion in the first quarter. A year ago it was $1.284 billion. Sequentially, it was $1.275 billion in the fourth quarter, 1% more than what was recorded in the first quarter.

Uber Freight’s (NYSE: UBER) revenue is about 6% of the gross bookings of its Mobility division. However, revenue to Uber from Mobility, which is different from gross bookings, was $6.5 billion in the first quarter. Uber Freight’s revenue of $1.279 billion – essentially equal to its gross bookings – is about 19.4% of that.

The Mobility division had EBITDA of approximately $1.75 billion compared to the negative EBITDA of $7 million at Freight.

The only reference to any developments at Uber Freight in either the press release accompanying the earnings or the prepared remarks of CEO Dara Khosrowshahi was to the fact that Uber Freight is a customer of the autonomous truck initiative in Texas that has received extensive coverage recently.

There was no reference to Uber Freight on the company’s call with analysts.

The overall silence connected to the earnings report stands in contrast to its recent customer meeting in Atlanta, with an ambitious growth agenda outlined by Uber Freight CEO Lior Ron. 

More articles by John Kingston

New Jersey, feds take opposite paths on independent contractor rules

Leadership at C.H. Robinson celebrates 1-year milestone by posting another strong quarter

RXO finds positives in quarter marked by soft market and profit loss

The post Uber Freight’s best EBITDA in years gets little attention appeared first on FreightWaves.



Source link

Tags: AttentionEBITDAFreightsUberYears
ShareTweetShare
Previous Post

Walmart to report Q1 FY26 earnings on May 15. Here’s what to expect

Next Post

Fintech giant Green Dot attracts private equity interest despite sluggish deal climate

Related Posts

edit post
AMD signs AI chip-supply deal with OpenAI, shares surge 38%

AMD signs AI chip-supply deal with OpenAI, shares surge 38%

by TheAdviserMagazine
October 6, 2025
0

Shares of Advanced Micro Devices (AMD) surged 38% to hit a high of $226.70 on Nasdaq after the company announced...

edit post
Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

by TheAdviserMagazine
October 6, 2025
0

When Mia Jones goes out to eat with her friends, she wants something that’s just right: not overly popular, but...

edit post
Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?

Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?

by TheAdviserMagazine
October 6, 2025
0

ClearBridge Investments, an investment management company, released its “ClearBridge Large Cap Growth Strategy” third-quarter 2025 investor letter. A copy of...

edit post
Inside the ultra-private one-room hotels redefining luxury travel

Inside the ultra-private one-room hotels redefining luxury travel

by TheAdviserMagazine
October 6, 2025
0

After the mangosteen daiquiri misted tableside with lime oil, the cheesy garlic naan, the broccoli salad with pistachios and mint,...

edit post
Bitcoin’s Rally Tightens Its Grip on Crypto Markets: Is Alt Season Cancelled?

Bitcoin’s Rally Tightens Its Grip on Crypto Markets: Is Alt Season Cancelled?

by TheAdviserMagazine
October 6, 2025
0

Bitcoin cemented its dominance over the crypto market this weekend, soaring to a new record high and siphoning capital away...

edit post
Private banks, consumption and metals drive optimism amid earnings season

Private banks, consumption and metals drive optimism amid earnings season

by TheAdviserMagazine
October 6, 2025
0

As the Indian earnings season gears up, market experts are keeping a close eye on private banks, consumption plays, metals,...

Next Post
edit post
Fintech giant Green Dot attracts private equity interest despite sluggish deal climate

Fintech giant Green Dot attracts private equity interest despite sluggish deal climate

edit post
What Happens If Social Security Runs Out in 2035?

What Happens If Social Security Runs Out in 2035?

  • Trending
  • Comments
  • Latest
edit post
What Happens If a Spouse Dies Without a Will in North Carolina?

What Happens If a Spouse Dies Without a Will in North Carolina?

September 14, 2025
edit post
California May Reimplement Mask Mandates

California May Reimplement Mask Mandates

September 5, 2025
edit post
Does a Will Need to Be Notarized in North Carolina?

Does a Will Need to Be Notarized in North Carolina?

September 8, 2025
edit post
DACA recipients no longer eligible for Marketplace health insurance and subsidies

DACA recipients no longer eligible for Marketplace health insurance and subsidies

September 11, 2025
edit post
‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

‘Quiet luxury’ is coming for the housing market, The Corcoran Group CEO says. It’s not just the Hamptons, Aspen, and Miami anymore

September 9, 2025
edit post
Tips to Apply for Mental Health SSDI Without Therapy

Tips to Apply for Mental Health SSDI Without Therapy

September 19, 2025
edit post
AMD signs AI chip-supply deal with OpenAI, shares surge 38%

AMD signs AI chip-supply deal with OpenAI, shares surge 38%

0
edit post
Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

0
edit post
4 Overlooked Real Estate Investments That Pay Big in 2025

4 Overlooked Real Estate Investments That Pay Big in 2025

0
edit post
Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?

Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?

0
edit post
The Invisible Hierarchies that Rule Our World (with Toby Stuart)

The Invisible Hierarchies that Rule Our World (with Toby Stuart)

0
edit post
Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

0
edit post
AMD signs AI chip-supply deal with OpenAI, shares surge 38%

AMD signs AI chip-supply deal with OpenAI, shares surge 38%

October 6, 2025
edit post
Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants

October 6, 2025
edit post
Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?

Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?

October 6, 2025
edit post
Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

Are South Korean retail traders the only thing keeping Ethereum treasury companies alive?

October 6, 2025
edit post
How to find your perfect direct tax technology match

How to find your perfect direct tax technology match

October 6, 2025
edit post
Origin’s New ‘AI Financial Advisor’ Won’t Threaten Human Advisors (And More Of The Latest In Financial #AdvisorTech – October 2025)

Origin’s New ‘AI Financial Advisor’ Won’t Threaten Human Advisors (And More Of The Latest In Financial #AdvisorTech – October 2025)

October 6, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • AMD signs AI chip-supply deal with OpenAI, shares surge 38%
  • Gen Z has a different attitude about dining from baby boomers and millennials—and it shows in smaller tickets at chain restaurants
  • Should You Consider Adding Chipotle Mexican Grill (CMG) to Your Portfolio?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.