Categories AlphaGraphs, Earnings, Industrials

Uber Earnings: Q3 2021 loss widens unexpectedly; revenues up 72%

Uber Technologies, Inc. (NYSE: UBER) on Thursday reported a wider net loss for the September quarter when the ride-hailing firm’s revenues increased 72%. The top-line beat estimates, while the bottom line missed.

Uber Q3 2021 earnings infographic

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


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.

Prior Performance

  • Uber Q1 2021 earnings
  • Uber reports Q3 2020 earnings results
  • uber Q2 2020 earnings infographic

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Should investors worry about Micron’s (MU) weak Q4 results and guidance?

The semiconductor industry is a rapidly growing business segment that currently thrives on the digital transformation wave. The demand for memory chips and other semiconductor products increased over the years,

What has Bed Bath & Beyond (BBBY) outlined for this fiscal year?

Shares of Bed Bath & Beyond (NASDAQ: BBBY) were up on Friday, a day after the company delivered disappointing results for the second quarter of 2022. The company reported a

NKE Earnings: Highlights of Nike’s Q1 2023 results

Nike, Inc. (NYSE: NKE) has reported a decrease in net profit for the first quarter of 2023, despite a modest increase in revenues. The company's stock suffered a big loss

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