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Uber Q4 Profit Soars On Huge Tax Benefit

Uber's lower-than-expected bookings forecast, Q4 profit miss drag down shares

Uber Technologies on Wednesday forecast first-quarter bookings short of estimates due to a strong dollar after it reported a profit miss in the October-December period, sending its shares down more than 5%.

Mint · 1d

Uber Q4 net profit totals $6.8 billion, revenue jumps 25%; Gross bookings up 18% to $44.2 billion

Results: Uber’s net profit stood at $6.8 billion in the October-December period, while ride-hailing revenue jumped 25 per cent and delivery revenue rose 21 per cent.

Business Insider · 1d

Uber Q4 Profit Soars On Huge Tax Benefit; Revenues Top Estimates

Ride-hailing and delivery platform Uber Technologies, Inc. (UBER) reported Wednesday a net profit for the fourth quarter soared

Uber, Waymo and Austin

The New York Times · 1d

Is Waymo Friend or Foe to Uber?

The fast expansion of Waymo’s driverless car service is growing competition for Uber. The companies are also partners.

Business Insider · 21h

Uber opens waitlist for Waymo rides in Austin

Starting today, Austin customers can open the Uber app and join the Interest List to get updates from Uber and increase their chances of being matched with a Waymo autonomous vehicle at launch.” Leverage the power of TipRanks' Smart Score,

CNET Roadshow on MSN · 1d

Uber Will Soon Let You Hail a Self-Driving Vehicle in Austin

Uber is one step closer to letting customers hail a self-driving vehicle in Austin, Texas, through its app. The company on Wednesday opened up its interest list so that curious riders can declare their interest in potentially being matched with a Waymo robotaxi,

11hon MSN

Uber Stock Rebounds After Falling on Earnings. Analysts See a Silver Lining.

Shares of Uber Technologies climbed 7% to $69.01 on Thursday, putting the stock on track for its largest same-day percentage ...

21h

Presto EV-Charging Platform Raises $15M, Has Ties With Avis, Hertz

Presto, an electric vehicle charging platform, said it has raised $15 million in funding from Union Square Ventures, ...

10h

The Uber Opportunity: Potential Trillion-Dollar Company Hidden In Plain Sight

Uber Technologies, Inc.'s Q4 earnings show potential for a $1 trillion market cap by 2030 despite legal setbacks and ...

1don MSN

Uber Shares Fall on Earnings Miss Amid Rising Legal Expenses

Uber Technologies Inc. reported weaker-than-expected fourth-quarter earnings and operating income, citing legal and ...

Uber Tops Revenue Estimates on Strong Holiday Season Ride-Hailing, Delivery Demand

Overall, the company's ride-hailing revenue jumped 25% and delivery revenue rose 21%, both above estimates. It's total ...

Uber Earnings: Revenues Climb With Demand for Rides and Delivery

Uber Technologies' rides and food-delivery businesses expanded last quarter, and it invested in infrastructure to prepare for the arrival of robotaxis. The adoption of Waymo self-driving cars in citie ...

Uber Stock Is Down Despite Reporting 'Strongest Quarter Ever': Here's Why Investors Are Tapping The Brakes

Uber Technologies Inc (NYSE:UBER) shares are stuck in reverse on Wednesday after the company reported weaker-than-expected earnings and warned that a strong dollar could impact bookings in the first ...

1don MSN

Here's Why Uber Stock Dipped Today

Uber can boost shareholder value with stock buybacks because of its surging free cash flow. In Q4, the company's free cash flow more than doubled from the prior-year period to $1.7 billion.

1don MSN

Uber projects quarterly bookings below estimates hurt by strong dollar

Uber Technologies forecast current-quarter bookings below Wall Street estimates on Wednesday, joining a slew of U.S.

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