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Uber squeaks tiny adjusted profit in Q3 despite $2 4B net loss – TechCrunch

Today after the bell American ride-hailing giant Uber reported its third-quarter financial results. Critically, the long-unprofitable company managed to squeak $8 million worth of adjusted EBITDA — a very modified profit metric — while still posting net losses of more than $2 billion. The adjusted-profit result comes days after Lyft, Uber’s domestic rival, also recently […]

Uber shares fall despite revenue beat as its core operations continue to lose money – TechCrunch

Uber shares fall despite revenue beat as its core operations continue to lose money – TechCrunch
techcrunch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techcrunch.com Daily Mail and Mail on Sunday newspapers.

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