Uber Freight’s EBITDA loss widens from ’22 but improves from Q1

Capt. John

Uber Freight’s second-quarter earnings before interest, taxes, depreciation and amortization, the key financial metric at the digital brokerage, recorded a large decline from a year ago but improved sequentially.

Even with the addition of Transplace, Uber Freight has now had three consecutive quarters of negative EBITDA after three consecutive quarters of barely positive EBITDA.

EBITDA for the second quarter was negative $14 million, down from positive $5 million in the corresponding quarter a...

https://www.freightwaves.com/news/uber-freights-ebitda-loss-widens-from-22-but-improves-from-q1

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