Uber Q1 2022 earnings


Dara Khosrowshahi, chief executive officer of Uber Technologies Inc., speaks during a Bloomberg Technology television interview in San Francisco, California, U.S., on Tuesday, Dec. 14, 2021. 

David Paul Morris | Bloomberg | Getty Images

Uber on Wednesday reported surging revenue during the first quarter as the ride-hailing company said it’s recovering from its coronavirus lows and wouldn’t have to put up “significant” investments to keep drivers on the platform.

But it also reported a $5.9 billion loss during the period that was largely attributed to the revaluation of equity investments. The company’s shares were down more than 7%.

Here are the key numbers:

  • Loss per share: 18 cents…

Source cnbc.com

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