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Uber earnings Q2 2020

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Uber CEO Dara Khosrowshahi walks outside of the New York Stock Exchange its highly anticipated initial public offering on May 10, 2019.

Spencer Platt | Getty Images

Uber just reported second quarter results including revenue that beat analysts’ expectations but declined by about 29% from $3.17 billion during the same period last year. The stock dipped more than 2% in after-hours trading.

Here’s how the ride-hailing and food delivery company did versus what Wall Street expected:

  • Losses: $1.02 per share vs. 86 cents per share (adj.) expected, according to a consensus of analysts surveyed by Refinitiv.
  • Revenue: $2.24 billon vs. $2.18 billion, as per Refinitiv.

Here’s how the business units…



Source cnbc.com

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