Uber first operating profit

The company reported adjusted EBITDA of $761 million, more than the $687 million expected by analysts, according to StreetAccount. Gross bookings for the quarter came in at $31.4 billion, up 19% year over year.

For the second quarter of 2023, Uber said it expects to report gross bookings between $33 billion to $34 billion, and an adjusted EBITDA of $800 million to $850 million.