Earnings

Uber earnings Q2 2022

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Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during an interview in San Francisco, on Tuesday, Dec. 14, 2021.

David Paul Morris | Bloomberg | Getty Images

Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue and posted $382 million in free cash flow for the first time ever.

Shares of Uber were up 13% after markets opened.

Here are the key numbers:

  • Loss per share: $1.33, not comparable to estimates.
  • Revenue: $8.07 billion vs. $7.39 billion estimated, according to a Refinitiv survey of analysts.

The company reported a net loss of $2.6 billion for the second quarter, $1.7 billion of which was attributed to investments and a…



Source cnbc.com

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