Uber's shares rose 1% in premarket trading after reporting second-quarter results that missed revenue expectations but included Rosy Guidance. The company saw a 14% increase in revenue compared to the same quarter last year and reported a net income of $394 million. CEO Dara Khosrowshahi highlighted two major milestones achieved during the quarter: the first quarter of free cash flow over $1 billion and the first GAAP Operating Profit. Uber's largest business segments, Mobility and Delivery, reported gross bookings of $16.73 billion and $15.60 billion, respectively. The company expects gross bookings of $34 billion to $35 billion and an adjusted EBITDA of $975 million to $1.025 billion for Q3 2023.

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