Uber Q1 earnings report 2023


Uber CEO Dara Khosrowshahi on Q1 earnings

Shares of Uber popped 7% Tuesday after the company reported first-quarter results that beat analysts’ expectations for revenue.

Here’s how the company did:

  • Loss per share: 8 cent loss vs 9 cent loss expected by analysts, according to Refinitiv.
  • Revenue: $8.82 billion vs. $8.72 billion expected by analysts, according to Refinitiv.

Revenue for the quarter was up 29% from the same quarter last year.

Uber reported a net loss of $157 million, or 8 cents per share, compared to a net loss of $5.9 billion, or $3.03 per share, last year.

In a prepared statement, CEO Dara Khosrowshahi said Uber is off to a “strong start” for the year. He said the company’s global scale also provides it with a…

Source cnbc.com

0 0 votes
Article Rating

Restaurant Brands International (QSR) earnings Q1 2023

Previous article

Berkshire Hathaway (BRK.A) Q1 earnings 2023

Next article

You may also like

Notify of
Inline Feedbacks
View all comments

More in Earnings