Wedbush Securities Labels Uber’s Q3 Performance Outstanding Despite EBITDA Miss

Wedbush Securities’ Scott Devitt praised Uber's third-quarter results even though adjusted EBITDA fell short of analyst forecasts.

Summary

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Terms & Concepts
  • Adjusted EBITDA: Earnings before interest, taxes, depreciation, and amortization, adjusted to exclude certain non-recurring or non-cash items.