Posted Feb 11, 2021, 1:38 AM
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Registered User
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Join Date: Dec 2016
Location: San Francisco
Posts: 24,177
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Quote:
Originally Posted by WildCowboy
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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.
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https://www.barrons.com/articles/ube...?mod=hp_LEAD_2
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