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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

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......»»

Category: topSource: marketwatchMay 9th, 2020

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......»»

Category: topSource: marketwatchMay 8th, 2020

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......»»

Category: topSource: marketwatchMay 7th, 2020

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......»»

Category: topSource: digitimesMay 6th, 2020

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.....»»

Category: topSource: businessinsiderFeb 7th, 2020

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......»»

Category: topSource: reutersFeb 6th, 2020

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.....»»

Category: topSource: marketwatchJan 30th, 2020

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