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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......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

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......»»

Category: topSource: marketwatchNov 1st, 2019

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.....»»

Category: earningsSource: benzingaAug 9th, 2019

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.....»»

Category: topSource: businessinsiderNov 6th, 2019

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......»»

Category: topSource: reutersNov 6th, 2019

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.....»»

Category: blogSource: theflyonthewallNov 5th, 2019

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......»»

Category: topSource: reutersNov 4th, 2019

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......»»

Category: topSource: marketwatchNov 4th, 2019

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......»»

Category: topSource: reutersNov 4th, 2019

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......»»

Category: topSource: reutersNov 4th, 2019

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......»»

Category: topSource: marketwatchNov 4th, 2019

Uber stock hits a new all-time low following quarterly loss

Uber shares traded below $36 for the first time......»»

Category: topSource: moneycentralAug 14th, 2019

Uber $5B loss leaves experts wondering if it can ever turn a profit

Uber posted its largest loss ever in a quarterly report exceeding $5 billion......»»

Category: topSource: foxnewsAug 9th, 2019

Biggest quarterly loss ever: Uber earnings disappoint as share prices tank

Following the earnings release, Uber's shares fell 11% in after-hours trading.        Following the earnings release, Uber's shares fell 11% in after-hours trading.       .....»»

Category: topSource: usatodayAug 8th, 2019

Uber stock plunges 12% on $5.24 billion quarterly loss

Uber Technologies Inc. shares plunged 12% in the extended session Thursday after the ride-hailing service reported s.....»»

Category: topSource: marketwatchAug 8th, 2019

How Uber Coasted Past a Billion-Dollar Quarterly Loss

Its first earnings report as a public company had some ugly highlights, but for now, investors are focusing on revenue......»»

Category: topSource: foxnewsJun 5th, 2019

Uber"s First Public Quarter, Uber"s First Public Billion-Dollar Loss

The path to profitability had better be short if Uber wants to stop hemorrhaging money; plus more earnings from tech, retail, and more......»»

Category: topSource: foxnewsJun 4th, 2019

Uber posts $1bln loss in first post-IPO results

Uber announced a $1 billion quarterly loss and a jump in revenue to $3.1 billion in its first results since going public in early May. The results reassured some investors but still leaves others wondering how long it will take to turn a profit......»»

Category: videoSource: reutersMay 30th, 2019

Uber reports a $1 billion loss in first quarterly earnings after IPO

The ride-hailing giant says that a price war is cooling, which could reduce the need to offer discounted fares......»»

Category: topSource: washpostMay 30th, 2019

Uber loses $1 billion in quarter as costs grow for drivers, food delivery

Uber Technologies Inc reported a $1 billion loss on Thursday as the ride-hailing service spends heavily to build up its food delivery and freight businesses, sending revenues up 20% in its first quarterly report as a public company......»»

Category: topSource: reutersMay 30th, 2019

Uber reports a $1 billion loss in first quarterly earnings after IPO

The ride-hailing giant reports bookings rose 34% as it maintained leadership of the category......»»

Category: topSource: washpostMay 30th, 2019