Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours (Jessica Bursztynsky/CNBC)
Jessica Bursztynsky / CNBC:
Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours — - Uber beat on both the top and bottom lines in its second quarter earnings report Wednesday. — The company reported a net income of $1.1 billion for the quarter.
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Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours (Jessica Bursztynsky/CNBC)
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August 04, 2021
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