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$UBER (+0.25%) TTN Summary Earnings Call:


Plans to steadily increase share repurchases in coming quarters, intending to establish a durable share repurchase program (Uber Technologies Inc) - Observes that growth outside core city centers is higher than in core areas, with non-core cities comprising 60–70% of the market and generally growing faster than city centers. Expects significant growth opportunities in less dense markets globally for both mobility and delivery, focusing on expanding into suburbs and secondary cities over the next 2-3 years and beyond. Autonomous strategy progressing well, with 14 AV partners recognizing the significant value Uber brings to their deployment plans. Anticipates continued organic growth through fast-growing new products (now at $20 billion annual gross bookings), geographic expansion, and increasing user frequency, including via membership efforts.

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