Uber said in a filing it now expected adjusted earnings before
interest, taxes, depreciation and amortization of $130 million
to $150 million in the first three months of the year, up from
$100 million to $130 million it previously projected.
"Our mobility business is bouncing back from Omicron much faster
than we expected," Uber Chief Executive Dara Khosrowshahi said
in a statement. He said consumers were eager to book rides for
travel, commuting or nightlife.
Ride-hail trips in February remain only 10% below pre-pandemic
2019 levels in the same month, Uber said. February mobility
gross bookings had recovered to 95% compared with February 2019.
On the delivery side, gross bookings reached an all-time high in
February, the company said.
(Reporting by Tina Bellon in Austin, Texas; Editing by Krishna
Chandra Eluri)
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