Uber books another quarterly loss, but offers timeline for profitability
State health officials say nearly all New Yorkers won't see health care premium increases through the New Yorkers have until Dec. 15 to enroll for coverage effective Jan. 1, and until Jan. 31 for... To view the full story, click the title link......»»
Earnings Outlook: Uber earnings preview: Brace for more quarterly losses
Uber Technologies Inc. took a significant detour on the road to profitability three months ago with a jaw-dropping $5.24 billion quarterly loss, deepening its losses to more than $6 billion this fiscal year......»»
Bullish Sell-Side Unfazed By Uber"s Big Quarterly Loss: "A Clear Path To Profitability"
Uber Technologies Inc (NYSE: UBER) disappointed investors by missing top- and bottom-line expectations Thursday, but several sell-side analysts found reasons to remain bullish on the stock.....»»
Earnings Results: Uber shows smallest quarterly loss in its history thanks to sale of self-driving unit; delivery continues to dominate
Uber Technologies Inc.'s business continued to recover in the first quarter as COVID-19 restrictions eased, and the sale of its self-driving unit helped produce the smallest quarterly loss in its history as a public company......»»
United stock falls after $1.4B loss as CEO promises a "clear path to profitability"
United kicked off 2021 with a fifth consecutive quarterly loss of $1.4 billion, though the loss narrowed from $1.7 billion a year ago. On an adjusted basis, the company reported a net loss of $2.4 billion......»»
Uber loses nearly $3 billion in three months, but stock rebounds after hours
Uber Technologies Inc. announced a quarterly loss of nearly $3 billion Thursday afternoon, including a write-down of more than $2 billion related to its investments in Asian partners, as the ride-hailing industry suffers from the COVID-19 pandemic......»»
The Ratings Game: Uber stock pops despite big losses as company ‘did not disappoint’ with its recovery talk
Uber Technologies Inc.’s quarterly loss of nearly $3 billion didn’t do much to dent analysts’ enthusiasm for the ride-hailing stock as Uber’s management outlined plans to cut costs due to pressures from COVID-19......»»
Uber loses nearly $3 billion in three months, stock heads south in late trading
Uber Technologies Inc. announced a quarterly loss of nearly $3 billion Thursday afternoon, including a write-down of more than $2 billion related to its investments in Asian partners, as the ride-hailing industry suffers from the COVID-19 pandemic......»»
Hiwin hits 12-year low profit in 1Q20
Mechanical motion control component maker Hiwin Technologies has reported net loss of NT$131 million (US$4.3 million) for first-quarter 2020, the worst quarterly profitability since 2008......»»
Uber"s accelerated race to profitability has one Wall Street analyst doubling down on it as the best stock pick of 2020 (UBER)
Spencer Platt/Getty Images Mark Mahaney of RBC Capital Markets reiterated that Uber is his top long stock pick for 2020 after the company reported solid quarterly results Thursday. Shares of Uber surged as much as 9% in early tradin.....»»
Uber sees profit by end of 2020, but still expects full-year loss
Uber Technologies Inc on Thursday moved forward by a year its target to achieve a measure of profitability to the fourth quarter of 2020, but the ride-hailing company still expects to lose a total of more than $1 billion this year......»»
Altria swings to quarterly loss as it books $4.1 billion impairment charge on Juul investment
Altria Group Inc. said Thursday it had a net loss of $1.809 billion, or $1.00 a share, in the fourth quarter, after incom.....»»
SoftBank reported an eye-watering $6.5 billion loss in the wake of WeWork"s catastrophic failed IPO
Thomson Reuters SoftBank Group recorded an eye-watering quarterly loss of $6.5 billion early Wednesday, spurred by some of it biggest tech invstments like Uber and WeWork. The Japanese investment giant last month spent over $10 billion bailing&nbs.....»»
SoftBank Group plunges to $6.5 billion quarterly loss as tech bets stumble
SoftBank Group Corp plunged on Wednesday to a quarterly loss that was far larger than analysts' estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies......»»
Uber drops after reporting $1.2B quarterly loss
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Uber"s quarterly loss widens as costs rise; shares fall
Uber Technologies Inc on Monday posted a wider third-quarter loss as the company tries to outspend competitors through discounts and invests heavily in loss-making new business ventures, sending its shares down 5.5% in after-hours trading......»»
Uber shares tumble 5% on $1.16 billion quarterly loss
Uber has lost more than $7 billion so far this fiscal year, prompting a flurry of questions from some analysts about its long-term prospects......»»
Uber"s quarterly loss widens as costs rise; shares fall sharply
Uber Technologies Inc on Monday posted a wider third-quarter loss as costs soared at the ride-hailing company, sending shares down 4.4% in after-hours trading......»»
Uber posts wider quarterly loss as costs rise, shares drop nearly 7%
Uber Technologies Inc on Monday posted a wider third-quarter loss as costs at the ride-hailing company soared, sending shares down 6.7% in after-hours trading......»»
Uber shares tumble 6% on $1.16 billion quarterly loss
Uber has lost more than $7 billion so far this fiscal year, prompting a flurry of questions from some analysts about its long-term prospects......»»
Uber stock hits a new all-time low following quarterly loss
Uber shares traded below $36 for the first time......»»