Uber shares in focus as Q4 revenue jumps 20%, led by food delivery; Q1 growth forecast weaker
Uber reported Q4 profit missed estimates and Q1 forecast was below expectations. Despite a revenue increase to $14.37 billion, net income dropped sharply to $296 million, influenced by equity investment revaluation. The company also announced a change in finance leadership.
Uber reported Q4 profit missed estimates and Q1 forecast was below expectations. Despite a revenue increase to $14.37 billion, net income dropped sharply to $296 million, influenced by equity investment revaluation. The company also announced a change in finance leadership.
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