Categories AlphaGraphs, Earnings, Technology
Earnings: Uber unexpectedly swings to Q4 profit; revenues up 83%
Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported net profit for the December quarter, compared to a loss in the prior-year period. The bottom line benefited from an 83% growth in revenues.
For the fourth quarter of 2021, the company reported a net income of $892 million or $0.44 per share, compared to a loss of $968 million or $0.54 per share in the year-ago period. The latest number beat Wall Street’s projection.
There was an 83% increase in fourth-quarter revenues to $5.8 billion, which also came in above the consensus forecast.
Read management/analysts’ comments on Uber’s Q4 2021 earnings
Uber’s shares have lost 8% since the beginning of the year. The stock made strong gains during extended trading on Wednesday, after closing the regular session higher.
Prior Performance
Most Popular
Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results
Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or
NVDA Earnings: Nvidia Q3 profit jumps, beats estimates
NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues
Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance
Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the
