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07.02.2024

Company news: Uber’s (UBER) quarterly results solidly beat analysts’ expectations

Uber (UBER) reported Q4 FY2023 earnings of $0.66 per share (versus $0.29 per share in Q4 FY2022), solidly beating analysts’ consensus estimate of $0.16 per share.

The company’s quarterly revenues amounted to $9.936 bln (+15.4% y/y), strongly beating analysts’ consensus estimate of $9.756 bln.

UBER fell to $68.96 (-2.14%) in pre-market trading.

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