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Despite the record profit, Uber’s $9.2 billion in revenue came short of consensus estimates, while its 14% year-over-year revenue growth was its weakest since Q1 2021.
The big news today, the A headline, Uber reported its first ever operating profit. ... Ricky Mulvey: The company also took about an $80 million loss on its actual investments for the quarter, ...
Uber posted a surprise first-quarter loss and forecast gross bookings in the second quarter below Wall Street expectations, sending the shares of the ride-share and food delivery company down 6% ...
Demand for rides and delivery fuel Uber's first operating profit. August 01, 2023 11:39 AM. Bloomberg. Tweet Share ... far surpassing the loss of $49.2 million analysts were expecting.
Uber's GAAP EPS of 32 cents loss missed the analyst consensus estimate of 23 cents. The stock price dropped after the results. Revenue from Mobility grew to $5.63 billion, up 30% year over year.
Uber (UBER) reports third-quarter earnings before the market on Nov. 1. The company is likely to report its second-narrowest quarterly loss in nearly six years as revenue and gross bookings surge ...
Net profit was $394 million, compared with a $2.6 billion loss a year earlier and driven by gains from investments in other companies. Uber also reported its first operating profit, which excludes ...
Uber made a whole lot of money last quarter, but somehow it still managed to not turn a profit. The company reports its Q2 results were bolstered by high demand from ride-share customers and folks ...
Study shows Uber’s upfront pricing boosts profits but cuts driver pay, raising concerns over fairness and transparency.
Uber reported a surprise profit on Tuesday, pointing to strong growth in its core mobility and delivery businesses despite missing revenue estimates. We've detected you are on Internet Explorer.
Uber (NYSE: UBER) reported Q1 2024 revenue of $10.10 billion, missing estimates. EPS of $(0.32) also missed. Mobility revenue grew 30%, but stock price dropped.
Uber Technologies reported its first-ever operating profit, fueled by demand for rides and delivery and marking a significant milestone as the company seeks to move beyond its cash-burning past.
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