Quantcast
Uber forecasts adjusted earnings of $5 billion by fiscal 2024 – Metro US

Uber forecasts adjusted earnings of $5 billion by fiscal 2024

FILE PHOTO: Uber Technologies Inc. Chief Financial Officer Nelson Chai
FILE PHOTO: Uber Technologies Inc. Chief Financial Officer Nelson Chai on trading floor of NYSE during the company’s IPO in New York

(Reuters) – Uber Inc’s Chief Financial Officer Nelson Chai on Thursday forecast $5 billion in a measure of adjusted earnings by fiscal 2024, with gross bookings expected to be between $165 billion and $175 billion.

He was speaking at the company’s first investor day after it went public.

(Reporting by Nivedita Balu in Bengaluru; Editing by Aditya Soni)

More from our Sister Sites