Uber: Q4 Earnings Snapshot
By AP News
Published - Feb 08, 2023, 07:35 AM ET
Last Updated - Jun 22, 2023, 10:42 PM EDT
SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Uber Technologies Inc. (UBER) on Wednesday reported fourth-quarter net income of $595 million.
The San Francisco-based company said it had profit of 29 cents per share.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 21 cents per share.
The ride-hailing company posted revenue of $8.61 billion in the period, which also topped Street forecasts. Twelve analysts surveyed by Zacks expected $8.5 billion.
