The ride-hailing giant's total losses and revenue fell short Wall Street's expectations, and the stock was down as much as 12% after.
Uber on Thursday reported second-quarter earnings that missed Wall Street expectations. The ride-hailing giant lost $4.72 per share on revenues of $3.17 billion. A big chunk of Uber's massive, $5.24 billion loss was due to stock-based compensation from its IPO earlier this year. Uber on Thursday reported second-quarter losses that were larger than Wall Street's expectations. The stock was down as much as 12% in after-hours trading. Here are the important numbers: Revenue: $3.
Uber on Thursday reported second-quarter earnings that missed Wall Street expectations. The ride-hailing giant lost $4.72 per share on revenues of $3.17 billion. A big chunk of Uber's massive, $5.24 billion loss was due to stock-based compensation from its IPO earlier this year. Uber on Thursday reported second-quarter losses that were larger than Wall Street's expectations. The stock was down as much as 12% in after-hours trading. Here are the important numbers: Revenue: $3.
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