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While losses mount, Uber CEO expects profitability in 2021

CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021......»»

Category: topSource: moneycentralNov 4th, 2019

While losses mount, Uber CEO expects profitability in 2021

CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021......»»

Category: topSource: moneycentralNov 4th, 2019

While losses mount, Uber CEO expects profitability in 2021

CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021......»»

Category: topSource: moneycentralNov 4th, 2019

Uber"s Losses Keep Accumulating, But CEO Expects Profitability In Two Years

Uber Technologies Inc (NYSE: UBER) has been throu.....»»

Category: earningsSource: benzingaNov 5th, 2019

Uber"s losses shrink as CEO promises profitability for 2021

Investors get a look under Uber's hood......»»

Category: topSource: foxnewsNov 4th, 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

Uber CEO expects further pressure as shares add to losses, down 12%

Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market debut, and its chief executive officer said he expected the stock to remain under pressure in the coming months......»»

Category: topSource: reutersMay 13th, 2019

Breakingviews TV: Uber losses

Is the ride-share app the new Amazon? Some of its boosters say so – mostly to explain its lack of profitability, which resembles Jeff Bezos’s firm in its early years. The comparison is too kind to Uber, as Rob Cyran explains......»»

Category: videoSource: reutersMay 8th, 2019

Uber narrows loss but still a long way from profitability

Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: topSource: reutersAug 15th, 2018

Uber narrows loss but still a long way from profitability

Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: topSource: moneycentralAug 15th, 2018

Uber narrows loss but far from profitability

Uber said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: videoSource: reutersAug 15th, 2018

Entasis Therapeutics expects data from Phase 3 trial of zoliflodacin in 2021

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 14th, 2019

FocalTech swings to profit in 3Q19

IC design house FocalTech Systems managed to return to profitability in the third quarter of 2019, ending a streak of three consecutive quarterly losses......»»

Category: topSource: digitimesNov 14th, 2019

Is Softbank"s Son Apology For Poor Investments Genuine Or Due To Pressure?

Japan-based multinational conglomerate Softbank (OTC: SFTBY) wrote off billions of dollars in losses from investments in Uber Technologies In.....»»

Category: earningsSource: benzingaNov 13th, 2019

Neoleukin Therapeutics expects cash to fund operations through 2021

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 13th, 2019

Avadel Pharmaceuticals expects cash to be sufficient "well into" 2021

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 12th, 2019

Innolux expects steady shipments in 4Q19

Innolux has given a more positive outlook for the fourth quarter of 2019 than fellow company AU Optronics (AUO), although the former saw net losses widen in the third quarter due to falling panel prices......»»

Category: topSource: digitimesNov 11th, 2019

Uber"s huge losses testing investor patience, Barron"s says

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 9th, 2019

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

Goldman chief says profit matters after WeWork loss

Goldman Sachs, stung by losses in Uber and WeWork, has a message for investors in growth stocks: profit matters. After years of pursuing revenue growth at all costs, driven by cheap money, markets... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

AnaptysBio expects cash, cash quivalents to fund plan at least into 2021

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 8th, 2019