Uber Q2 Profit Beats Forecasts Amid Surge in Trips

Uber Technologies reported second-quarter earnings that slightly exceeded Wall Street estimates, driven by a significant increase in passenger trips and deliveries, though its shares experienced an early decline.

5 Aug, 12:19 — 5 Aug, 12:19

Post Share

Sources

Showing 1 of 1 sources

marketwatchMostly Factual1h ago

Uber profit narrowly beat forecasts as trips across its platform surge

Uber Technologies shares fell early Wednesday, despite the ride-hailing company registering earnings a tad above Wall Street estimates in the second quarter as a jump in passengers and deliveries boosted revenue.

By Jamie Chisholm

Read full article →

PERSPECTA

PERSPECTA

Uber Q2 Profit Beats Forecasts Amid Surge in Trips

Sources

Uber profit narrowly beat forecasts as trips across its platform surge

Related Stories

Small Modular Reactors (SMRs) Explored as Future Energy Source

NASA's PUNCH Mission Improves Solar Storm Prediction

Societal Shift: From Luxuries to Necessities

Study Finds Phone Reminders May Harm Memory

PERSPECTA