After losing $31.5 billion of operating income losses over the last nine years, Uber finally turned a profit during Q2.

Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss The company had strong revenue growth but lost money in part because of its investments in other ride-hailing businesses.

The profit-and-loss statement example from ATBS that follows includes valuable operating information -- percentage of revenue calculations for expenses, for instance.

In this podcast, Motley Fool host Ricky Mulvey and senior analyst Bill Mann discuss: Uber 's long-term vision. If the ride-hailing app deserves a victory lap. A mortgage REIT paying investors a 14 ...

Uber topped second-quarter Wall Street estimates for revenue and profit on Tuesday, bolstered by a high demand for rides as employees returned to in-office work at near pre-pandemic levels.

As we mentioned above, Uber finally turned an operating profit, reporting $326 million in Q2 compared to an operating loss of $713 million a year earlier.

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 ...

The ride-sharing company Uber has posted a profit for the first time since going public in 2019, the company announced Wednesday.

CEO Dara Khosrowshahi said the company achieved its first quarter of operating profit and its first quarter of free cash flow over $1 billion.

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.

Uber topped second-quarter Wall Street estimates for revenue and profit on Tuesday, bolstered by a strong demand for rides as employees return to in-office work at near pre-pandemic levels.

Uber's revenue increased by 15% in the first quarter of 2024 compared to the same period last year. The company reported a substantial net loss of $654 million. Following the release of these ...