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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

Johns Hopkins University expects $475M in losses by June 2021 due to coronavirus

Johns Hopkins University was in a strong financial position before the pandemic. Now, it is projecting a revenue loss of $100 million in the current fiscal year. Halfway through the current fiscal year, the school was projecting a positive margin o.....»»

Category: topSource: bizjournalsApr 22nd, 2020

Fed"s Kaplan expects growth in 2021 above 2% rate as economy makes up for prior losses

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchApr 16th, 2020

BofA expects consumer losses to increase later this year, potentially 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: theflyonthewallApr 15th, 2020

Earnings Watch: Lyft earnings preview: With Uber setting a new path to profitability, could Lyft be far behind?

The ride-hailing service has consistently lost money, raising questions about its ability to turn a profit. Last year, Lyft Chief Executive Logan Green said it would be profitable by late 2021, if it excluded some costs......»»

Category: topSource: marketwatchFeb 10th, 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

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

Gulfport Energy expects to invest $300M of capital spend 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: theflyonthewallJun 2nd, 2020

Kohl"s exits Jennifer Lopez, other women"s brands as losses mount

Kohl's Corp said the coronavirus crisis would have a material impact on results this year as it removed eight brands including Jennifer Lopez, Juicy Couture and Popsugar from its stores and warned demand for women's apparel would remain weak......»»

Category: topSource: reutersMay 22nd, 2020

The losses are mounting for Louisville"s restaurant scene

The losses are starting to mount for Louisville's restaurant scene as the coronavirus shutdown lingers. We talk about that on this week's episode of the Access Louisville podcast. During the last few weeks we've reported that Scarlett's Ba.....»»

Category: topSource: bizjournalsMay 18th, 2020

SoftBank"s Vision Fund tumbles to $18B loss in "valley of coronavirus"

Losses include almost $10 billion at office-sharing firm WeWork and ride- hailing app Uber......»»

Category: topSource: foxnewsMay 18th, 2020

Morgan Stanley estimates $650M of 2021 synergies possible in GrubHub-Uber tie-up

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: theflyonthewallMay 14th, 2020