Uber Stock Rises as Ride-Hailing Giant Hints at Third-Quarter Profitability

1 month ago 12
PR Distribution

This transcript is for your personal, non-commercial usage only. To bid presentation-ready copies for organisation to your colleagues, clients oregon customers sojourn http://www.djreprints.com.

https://www.barrons.com/articles/uber-stock-third-quarter-profitability-outlook-51632224001


Updated Sept. 21, 2021 9:41 americium ET / Original Sept. 21, 2021 7:33 americium ET

  • Order Reprints
  • Print Article

Shares of Uber Technologies were rising sharply Tuesday aft the app-based ride-share and transportation institution said it could crook a nett successful the 3rd quarter.

In an 8-K filing posted Tuesday, Uber (ticker: UBER) said adjusted net earlier interest, taxes and depreciation could scope from a nonaccomplishment of $25 cardinal to a nett of $25 million, amended than erstwhile guidance “of a nonaccomplishment of $100 million.” The institution cited “improvements successful some mobility and delivery.”

Gross...


Read Entire Article