Udemy Inc
Udemy 4Q23: better margin, consumer segment to watch
2024-02-20
Academic and Educational Services
Technology
North America
Quarterly Results
Udemy reported revenue of $189.5mn in 4Q23, up 15% YoY, exceeding both guidance and our expectations. The company increased the number of business customers by 13% YoY to 15,726, while the Monthly Average Buyers number remained flat at 1.37mn, up 1% YoY.
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Lyft Inc
Lyft 4Q23: good cost control, rides above expectations
2024-02-14
Technology
North America
Quarterly Results
Lyft reports gross bookings in line with our expectations at $13.8bn, up 14% YoY in FY23. Gross Bookings were driven by an 18% growth in rides to 709mn (5.6% above our expectations). Gross Bookings reached $3,724mn in 4Q23, up 17% YoY on the back of a 26% rides growth in 4Q.
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Uber Technologies Inc
Uber Technologies 4Q23: strong momentum, good execution
2024-02-09
Technology
North America
Quarterly Results
Uber achieved a record Adjusted EBITDA of $1,283 million, up 93% YoY in 4Q23. The company reported Adjusted EBITDA of $4,052 million for FY23. Gross Bookings totaled $37,575 million in 4Q, marking a 22% YoY increase and a 6.5% QoQ rise.
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Wise PLC
Wise: company update
2024-02-08
Financials
Technology
Europe
Quarterly Results
Wise experiences a noteworthy growth in active customers, with a 30% YoY increase to 7.5mn, consistent with our projections, in the quarter ended 31 December 2023 (9M24).
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Wise PLC
Wise 6M24: appreciating evangelical customers
2023-11-27
Financials
Europe
Quarterly Results
Wise’s customer base went up by 32% YoY to 7.2mn of active customers in 6M ended 30 September 2023 (1H24), with over 67% of new customers joining through word-of-mouth. The revenue growth reached 25% YoY and adj EBITDA was up 163% YoY for the period.
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Lyft Inc
Lyft 3Q23: solid results, above expectations
2023-11-16
Technology
North America
Quarterly Results
Lyft reports gross bookings of $3.554bn, up 15% YoY in 3Q23. Rides grew 20% YoY to 187mn supported by a 10% Active Riders growth. We update forecasts.
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Mosaic Co
Mosaic 3Q23: stabilized selling prices and better demand outlook
2023-11-14
Materials
North America
Quarterly Results
The Mosaic Company delivered revenue of $3,548mn in 3Q23, down 34% YoY. Adjusted EBITDA reached $594mn, down 65% YoY in 3Q23. We update forecasts.
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Uber Technologies Inc
Uber Technologies 3Q23: trips growth supports a healthy top-line
2023-11-10
Technology
North America
Quarterly Results
Uber reports Gross Bookings growth of 21% YoY to $35.3bn in 3Q23. Adj EBITDA reached $1.1bn. Net income was $221mn. Results came at the top of the company’s guidance range.
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Nutrien Ltd
Nutrien 3Q23: back to mid-cycle fundamentals
2023-11-07
Materials
North America
Quarterly Results
In 3Q23, Nutrien reports revenue of $5,631mn, down 31% YoY, and adjusted EBITDA of $1,084mn, down 56% YoY as fertilizer prices return to their 6-year averages.
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Anglo American PLC
Anglo American 3Q23 production update
2023-10-25
Materials
Multi-regional
Quarterly Results
Anglo American reports 3Q23 production results. The company increased copper output, while reporting a decline in De Beers diamond production, and lower nickel and iron ore output.
Udemy Inc
Udemy 2Q23: Adjusted EBITDA is first-time positive
2023-08-25
Academic and Educational Services
Technology
North America
Quarterly Results
Udemy reported revenue of $178.2mn in 2Q23, up 16.4% YoY and 1.0% QoQ. The result includes a 3% FX headwind. The company reported a first-time positive Adj EBITDA margin of 1%.
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Lyft Inc
Lyft 2Q23: in line with guidance
2023-08-23
Technology
North America
Quarterly Results
Lyft reports quarterly revenue of $1.02bn, up 3% YoY and up 2% QoQ in 2Q23, in line with expectations. We update forecasts and TP.
Uber Technologies Inc
Uber 2Q23: convincing results, growth options available
2023-08-10
Information Technology
North America
Quarterly Results
Uber’s Gross Bookings grew 16% YoY to $33.6bn in 2Q23 generating Adj EBITDA of $916mn, that came above the company’s guidance of $800-850mn.
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Nutrien Ltd
Nutrien 2Q23: guidance downgraded but the demand is promising
2023-08-04
Materials
North America
Quarterly Results
Nutrien reports $11,654mn in revenue, down 20% YoY, and adjusted EBITDA of $2,478mn, down 50% YoY in 2Q23, driven by lower product prices.
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Mosaic Co
Mosaic 2Q23: robust demand is coming back
2023-08-03
Materials
North America
Quarterly Results
The Mosaic Company delivered revenue of $3.4bn in 2Q23, down 37% YoY. Adjusted EBITDA reached $744mn, down 63% YoY in 2Q23, compared to $777mn in 1Q23. Mosaic’s results reflect declining YoY product prices.
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Wise PLC
Wise FY23: strong results, multi-features among drivers
2023-07-07
Financials
Europe
Company Update
Wise reports strong FY23 results. Wise increased revenue by 51% YoY to £846mn in FY23, some 2.5% below our expectations.
Nutrien Ltd
Nutrien 1Q23: prices down to mid-cycle averages
2023-05-19
Materials
North America
Quarterly Results
Nutrien reports $576mn of net earnings, down 58% YoY, and adjusted EBITDA of $1.4bn, down 42% YoY in 1Q23 as product prices corrected from their highs.
Mosaic Co
Mosaic 1Q23: weak prices, even weaker guidance
2023-05-17
Materials
North America
Quarterly Results
The Mosaic Company reports $3.6bn revenue, down 8% YoY and $435mn net income, down 63% YoY in 1Q23 on the back of lower product prices.
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Uber Technologies Inc
Uber 1Q23: robust results, on track to its targets
2023-05-10
Technology
North America
Quarterly Results
Uber reports Gross Bookings growth of 19% YoY to $31.4bn in 1Q23 with a strong 40% YoY growth of Gross Bookings in Mobility.
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Lyft Inc
Lyft 1Q23: revenue lower QoQ, questionable growth
2023-05-09
Technology
North America
Quarterly Results
Lyft reports quarterly revenue of $1.0bn, up 14.3% YoY and down 14.8% QoQ in 1Q23. The result came above the guidance of $975mn in a seasonally weak quarter.
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