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Top related persons:
Uber - 4 Prashanth Mahendra - 4 Rajah - 4 Dara Khosrowshahi - 2 Mahendra - 2 Gross - 1 — - 1 Khosrowshahi - 1
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Davos Switzerland San Francisco Nelson Europe Asia Bengaluru
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CNBC - 2 Uber Technologies - 2 New York Stock Exchange - 2 Service - 1 Bloomberg - 1 REUTERS - 1 Technologies - 1 Devices - 1

Search resuls for: "Prashanth Mahendra"


4 mentions found


☆ Uber drops after its bookings results and forecast fail to impress
  + stars: | 2024-10-31 | by ( Dominick Reuter | ) www.businessinsider.com   time to read: +2 min
Uber's stock fell Thursday after the ride-share company reported mixed third-quarter results. Uber is "pretty optimistic" about key US market going forward, CEO says. AdvertisementUber took a hit Thursday after the ride-hailing and delivery company reported mixed third-quarter results. The company reported gross bookings of $41 billion in the quarter, up 16% from the same period last year. Uber is "pretty optimistic" in general in terms of the US going forward, he said.
Persons: Gross, —, Uber, Dara Khosrowshahi, Prashanth Mahendra, Rajah, Khosrowshahi Organizations: Service, Bloomberg, CNBC
☆ Uber stock pops more than 10% on $7 billion share buyback
  + stars: | 2024-02-14 | by ( Alex Koller | ) www.cnbc.com   time to read: +1 min
Dara Khosrowshahi, chief executive officer of Uber Technologies speaks on a webcast during the company's initial public offering on the floor of the New York Stock Exchange, May 10, 2019. Uber 's stock spiked more than 10% Wednesday morning after the ride-sharing company announced it will buy back up to $7 billion worth of company shares. "Today's authorization of our first-ever share repurchase program is a vote of confidence in the company's strong financial momentum," Uber CFO Prashanth Mahendra-Rajah said in a press release Wednesday morning. Mahendra-Rajah added that Uber "will be thoughtful as it relates to the pace of our buyback, beginning with actions that partially offset stock-based compensation, and working towards a consistent reduction in share count." The buyback news comes a week after Uber reported fourth-quarter results that beat Wall Street's earnings and revenue estimates.
Persons: Dara Khosrowshahi, Uber, Prashanth Mahendra, Rajah, Mahendra Organizations: Uber Technologies, New York Stock Exchange, CNBC
☆ Uber unveils $7 billion share buyback after first profitable year
  + stars: | 2024-02-14 | by ( ) www.cnbc.com   time to read: +1 min
A banner announcing the IPO of Uber Technologies hangs outside the New York Stock Exchange, May 10, 2019. Uber Technologies said on Wednesday it will buy back up to $7 billion worth of company shares after a strong recovery in ride-share and healthy demand at its food delivery business. "Today's authorization of our first-ever share repurchase program is a vote of confidence in the company's strong financial momentum," Uber CFO Prashanth Mahendra-Rajah said. Over the next three years Uber expects gross bookings growth in the mid to high teens percentage and adjusted core profit growth in the high 30s to 40%. Uber had a free cash flow of $3.4 billion in 2023, up from $390 million a year earlier.
Persons: Prashanth Mahendra, Rajah, Uber Organizations: Uber Technologies, New York Stock Exchange
☆ Uber names semiconductor executive Mahendra-Rajah as CFO
  + stars: | 2023-09-27 | by ( ) www.reuters.com   time to read: +2 min
The logo of Uber is seen in the Alpine resort of Davos, Switzerland, January 20, 2023. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsSept 27 (Reuters) - Uber Technologies (UBER.N) on Wednesday named Analog Devices (ADI.O) CFO Prashanth Mahendra-Rajah as its finance chief at a time when the ride-hailing company is gearing up for growing competition in the industry. At semiconductor firm Analog Devices, Mahendra-Rajah oversaw the roughly $21-billion acquisition of rival Maxim Integrated Products. Mahendra-Rajah was previously the CFO at vehicle technologies supplier WABCO Holdings and has held other financial leadership roles at Applied Materials (AMAT.O), Visa (V.N) and United Technologies. Still, with more than $1 billion in free cash flow in the second quarter, Uber said it was increasingly considering share repurchases and shareholder dividends.
Persons: Arnd, Prashanth Mahendra, Rajah, Mahendra, Nelson Chai, Uber, Deborah Sophia, Shounak Dasgupta Organizations: REUTERS, Technologies, Devices, Maxim Integrated Products, WABCO Holdings, Materials, Visa, United Technologies, Los Angeles Yellow Cab, Thomson Locations: Davos, Switzerland, San Francisco, Nelson, Europe, Asia, Bengaluru
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