Gross Bookings grew 16% year-over-year and 18% year-over-year on a constant currency basis Net income of $394 million; Income from operations of $326 million; Adjusted EBITDA margin at all-time high Operating cash flow of $1.2 billion; Record quarterly free cash flow of $1.1 billion SAN FRANCISCO–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) today announced financial results […]
STAMFORD, Conn.–(BUSINESS WIRE)–August 1, 2023– ITT Inc. (NYSE: ITT) today announced the appointment of Fernando Roland as president of its Industrial Process (IP) business, reporting to Chief Executive Officer Luca Savi. Roland succeeds David Steblein, who retired earlier this year after more than 30 years with the company. IP, one of ITT’s three segments, is […]
Significant continued improvement in Retail GPU Year-on-year adjusted EBITDA loss reduced by over 50% Further £20+ million of annual cash savings identified for 2024 Strong Q2 2023 Retail GPU of £1,290, up 32% QoQ and 317% YoY Q2 2023 Gross margin at 4.7%, up 3.7 ppts YoY with Gross Profit of £23m in H1 2023 […]
Record second quarter earnings per share of $1.86 and record quarterly adjusted earnings per share of $2.21, up 18% over 2022 13% organic sales growth, above the high end of guidance, record quarterly segment margins of 21.6%, 150 basis points above the second quarter of 2022 and a 33% incremental margin Robust operating cash flow […]
· FF has successfully completed all compliance testing in anticipation of the delivery of the FF 91 2.0 Futurist Alliance, marking another important milestone for FF of delivering to the first group of its users who have joined FF’s developer co-creation project. · Delivery signifies FF entering its revenue stage of progress. · FF will […]
Brings Extensive High-Volume Production Experience as Company Drives to Commercialize Solid-State Lithium-Metal Batteries SAN JOSE, Calif.–(BUSINESS WIRE)–QuantumScape Corporation (NYSE: QS), a leader in next-generation solid-state lithium-metal battery technology, today announced the appointment of Dr. Siva Sivaram, President of Western Digital Corp. and a veteran of the semiconductor and data storage industries, to the newly created […]
PHOENIX–(BUSINESS WIRE)–Knight-Swift Transportation Holdings Inc. (NYSE: KNX): Knight-Swift Appoints Amy Boerger to the Board Knight-Swift Transportation Holdings Inc. (NYSE: KNX) (the “Company” or “Knight-Swift”) announced today that Amy Boerger was appointed to Knight-Swift’s Board of Directors (the “Board”) effective as of August 1, 2023. Ms. Boerger will serve until the 2024 annual meeting of stockholders. […]