View Single Post
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: 17,680
Originally Posted by WildCowboy View Post
Uber looking to sublease out up to 300,000 square feet at the towers adjacent to Chase Center.
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.
Reply With Quote