Markets
Uber Stock Surges 7%, Adding $9.3 Billion, As Adjusted Profit Margin Hits A Record
Record adjusted margins and a higher fourth-quarter bookings outlook lifted shares, though reported net income fell 92% against a year-earlier tax benefit.
Uber Technologies (UBER) news from Bullished: SEC filings, earnings, insider trades and deals, explained in plain English with links to the source documents.
Markets
Record adjusted margins and a higher fourth-quarter bookings outlook lifted shares, though reported net income fell 92% against a year-earlier tax benefit.
Earnings
The CFO called third-party agent traction "very, very early," while the CEO said Uber's priority is getting customers to book in its own app.
Earnings
Net income fell 92% against a year-ago tax windfall, while adjusted profit and cash flow rose and a top executive is leaving.