View Single Post
  #2446  
Old Posted Feb 11, 2021, 1:38 AM
Pedestrian's Avatar
Pedestrian Pedestrian is offline
Registered User
 
Join Date: Dec 2016
Location: San Francisco
Posts: 24,177
Quote:
Originally Posted by WildCowboy View Post
Uber looking to sublease out up to 300,000 square feet at the towers adjacent to Chase Center.

https://www.bizjournals.com/sanfranc...on-bay-hq.html
Quote:
Uber stock traded near the flat line after-hours Wednesday, after the ride-sharing and food-delivery company posted mixed results for the fourth quarter, with overall revenue falling shy of Street expectations.

For the quarter, Uber Technologies (ticker: Uber) had revenue of $3.2 billion, down 16% from a year ago, up 13% from the September quarter, and below the Street consensus at $3.58 billion. Bookings were $17.1 billion, down 5% from a year ago, up 16% sequentially, and a little below Street consensus at $17.25 billion.

On an adjusted Ebitda (earnings before interests, taxes, depreciation, and amortization) basis, the company lost $454 million, which was narrower than the Street consensus forecast for a loss of $507 million. Uber lost 54 cents a share in the quarter, a penny better than the consensus forecast of a loss of 55 cents.
https://www.barrons.com/articles/ube...?mod=hp_LEAD_2
Reply With Quote