Uber Results Presentation Deck
Non-GAAP Financial Measures Disclosure
To supplement our financial information, which is prepared and
presented in accordance with generally accepted accounting
principles in the United States of America, or GAAP, we use the
following non-GAAP financial measures: Adjusted Net Revenue;
Core Platform Adjusted Net Revenue; Ridesharing Adjusted Net
Revenue; Uber Eats Adjusted Net Revenue; Adjusted EBITDA and
Adjusted Costs and expenses. The presentation of this financial
information is not intended to be considered in isolation or as a
substitute for, or superior to, the financial information prepared
and presented in accordance with GAAP. We use these non-
GAAP financial measures for financial and operational decision-
making and as a means to evaluate period-to-period comparisons.
We believe that these non-GAAP financial measures provide
meaningful supplemental information regarding our performance
Uber
Q1 2019 Earnings
and liquidity by excluding certain items that may not be indicative
of our recurring core business operating results.
We believe that both management and investors benefit from
referring to these non-GAAP financial measures in assessing
our performance and when planning, forecasting, and analyzing
future periods. These non-GAAP financial measures also facilitate
management's internal comparisons to our historical performance
and liquidity. We believe these non-GAAP financial measures
are useful to investors both because (1) they allow for greater
transparency with respect to key metrics used by management in
its financial and operational decision-making and (2) they are used
by our institutional investors and the analyst community to help
them analyze the health of our business.
There are a number of limitations related to the use of non-
GAAP financial measures. We compensate for these limitations
by providing specific information regarding the GAAP amounts
excluded from these non-GAAP financial measures and evaluating
these non-GAAP financial measures together with their relevant
financial measures in accordance with GAAP.
For more information on these non-GAAP financial measures,
please see the section titled "Reconciliations from Non-GAAP
Measures" included at the end of this deck.
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