For the third quarter of 2021, Uber reported a net loss of $2.42 billion or $1.28 per share, compared to a loss of $1.1 billion or $0.62 per share in the year-ago period. The latest number missed Wall Street’s projection.
There was a 72% increase in third-quarter revenues to $4.85 billion, which also came in above the consensus forecast.
Read management/analysts’ comments on Uber’s Q3 2021 earnings
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This week, Uber’s stock traded broadly at the levels seen at the beginning of the year. The stock dropped during extended trading on Thursday, after closing the regular session lower.
