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.

Uber Q4 2021 earnings infographic

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

  • Uber Q3 2021 earnings infographic
  • Uber Q1 2021 earnings
  • Uber reports Q3 2020 earnings results

Most Popular

PG Earnings: Procter & Gamble Q3 profit climbs, beats estimates

Consumer goods behemoth The Procter & Gamble Company (NYSE: PG) announced financial results for the third quarter of 2024, reporting a double-digit growth in net profit. Sales rose modestly. Core

AXP Earnings: All you need to know about American Express’ Q1 2024 earnings results

American Express Company (NYSE: AXP) reported its first quarter 2024 earnings results today. Consolidated total revenues, net of interest expense, increased 11% year-over-year to $15.8 billion, driven mainly by higher

Netflix (NFLX) Q1 2024 profit tops expectations; adds 9.3Mln subscribers

Streaming giant Netflix, Inc. (NASDAQ: NFLX) Thursday reported a sharp increase in net profit for the first quarter of 2024. Revenues were up 15% year-over-year. Both numbers exceeded Wall Street's

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top