Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours (Jessica Bursztynsky/CNBC)
Jessica Bursztynsky / CNBC:Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours — - Uber beat on both the top and bottom lines in its second-quarter earnings report Wednesday. — The company reported a net income of $1.1 billion for the quarter.
Jessica Bursztynsky / CNBC:
Uber beats estimates with record gross bookings of $21.9B, up 114% YoY, adjusted EBITDA loss of $509M, an improvement from $837M YoY; stock down 6%+ after hours — - Uber beat on both the top and bottom lines in its second-quarter earnings report Wednesday. — The company reported a net income of $1.1 billion for the quarter.