Grab Raises Revenue Forecast After Profit Beat - WSJ
2 days ago · Resize. Grab Holdings on Tuesday reported a net profit of $15 million for the third quarter, compared with a $99 million loss a year earlier. Photo: Dimas Ardian/Bloomberg News. Southeast Asian ...
Grab Shows Strong Revenue Growth and Profitability in Q3 2024
2 days ago · Nov. 12, 2024, 09:48 AM. Grab (GRAB) has released an update. Grab’s third-quarter 2024 financial results reveal a robust 17% year-over-year revenue growth, reaching $716 million, fueled by ...
Singapore's Grab raises annual revenue forecast, shares jump
2 days ago · The firm also raised its annual core profit forecast to between $308 million and $313 million, from $250 million and $270 million. Revenue in the deliveries segment increased 16% to $380 million ...
Grab's CEO singles out one market that will help drive growth ...
2 days ago · Overall, Grab logged a net profit of $15 million for the quarter, reversing a loss of $99 million from the same period a year ago. The most recent quarter is only the second time Grab has logged a ...
Grab Holdings Limited Just Reported A Surprise Profit, And …
22 hours ago · It's been a pretty great week for Grab Holdings Limited (NASDAQ:GRAB) shareholders, with its shares surging 16% to US$4.89 in the week since its latest quarterly results.It was overall a positive result, with revenues beating expectations by 2.3% to hit US$716m. Grab Holdings also reported a statutory profit of US$0.01, which was a nice improvement from the loss that the analysts were predicting.
Grab Reports First Quarter 2024 Results - Yahoo Finance
May 15, 2024 · Grab Reports First Quarter 2024 Results. Grab Holdings Limited. Wed, May 15, 2024, 6:45 PM 34 min read. In This Article: GRABW. Revenue grew 24% year-over-year, or 29% on a constant currency...
Grab raises full-year 2024 core profit forecast as Q1 net loss …
May 16, 2024 · The company now expects adjusted core profit between US$250 million (S$336 million) and US$270 million, compared with its earlier forecast of US$180 million to US$200 million.
Grab raises annual profit view after strong first-quarter ...
May 16, 2024 · May 15 (Reuters) - Grab Holdings (GRAB.O) raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures...
Grab Reports First Quarter 2024 Results
May 16, 2024 · Grab Holdings Limited (NASDAQ: GRAB) today announced unaudited financial results for the first quarter ended March 31, 2024. Revenue grew 24% year-over-year, or 29% on a constant currency basis to $653 million. On-Demand GMV grew 18% year-over-year, or 21% on a constant currency basis to $4.2 billion. Operating Loss improved by $129 million ...
Grab sets free cash flow target, posts first adjusted core profit
Nov 17, 2023 · Nov 9 (Reuters) - Grab Holdings (GRAB.O) on Thursday reported its first ever adjusted core profit in the third quarter and predicted free cash flow next year, driven by strong demand for its...
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