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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 regulatory expenses, and cautioned that currency headwinds would have an impact on first-quarter bookings.
Why Uber Stock Is Falling After Earnings
Uber stock is lower Wednesday as the ride-hailing firm's soft first-quarter outlook offsets its strong fourth-quarter results. Here's what you need to know.
Uber’s stock falls in the face of its ‘strongest quarter ever.’ Here’s why.
Uber Shares Fall on Weak First-Quarter Gross Bookings Guidance
Uber Technologies Inc. issued a first-quarter bookings outlook that disappointed analysts, cautioning that currency headwinds and severe winter weather would have an impact on trips and deliveries in the current period.
Uber sees Q1 gross bookings $42B-$43.5B
Gross Bookings of growth of 17% to 21% YoY on a constant currency basis. This translates to reported Gross Bookings
Uber Stock Is Falling After Earnings. Guidance Disappointed.
Ride-hailing firm Uber reported strong fourth-quarter revenue, but the outlook for bookings and Ebitda both came in light.
17h
on MSN
Uber CEO says making self-driving taxis mainstream will 'take way, way longer'
Uber CEO Dara Khosrowshahi said that fleets of self-driving cars are a long way off given challenges ranging from parking to ...
14h
on MSN
Waymo just popped up on the Uber app in Austin ahead of robotaxi launch
Uber customers in Austin may notice a new offer when they open the app and hail a ride: an invitation to signal their ...
58m
Uber price target lowered to $92 from $98 at Citi
Citi lowered the firm’s price target on Uber (UBER) to $92 from $98 and keeps a Buy rating on the shares following the Q4 report. The firm ...
20h
Uber and Lyft drivers are ‘being tortured by not being able to stop and use the restroom’—NYC drivers push for a fix
Drivers of cabs and ride hailing services like Uber and Lyft, who work as much as 12 hours a day, struggle to take a comfort ...
14h
on MSN
Uber opens waitlist for Waymo robotaxi rides in Austin. Here's how to sign up
The long-awaited partnership between Uber and Waymo has hit the road in Austin as the brands announced riders are now able to ...
21h
Uber stock falls as operating-income miss overshadows revenue surge
Uber's fourth-quarter operating profit rose 18% to $770 million but fell well short of the $1.2 billion forecast by analysts, ...
20h
on MSN
Uber to Austin: get ready for Waymo
Uber is inviting customers to join an interest list if they want to ride in a Waymo robotaxi.
22h
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.
23h
on MSN
Uber Earnings: EPS Surges to $3.21
Uber Technologies exceeded market projections in its latest earnings report, revealing robust growth despite ongoing ...
1h
Uber’s valuation likely capped near-term, says JMP Securities
Uber (UBER) reported strong Q4 results, with bookings that came in 2% above consensus and and near the high end of guidance, JMP Securities ...
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