Uber Technologies (UBER) reported mixed results for the third quarter. The mobility services provider missed earnings estimates, but surpassed revenue estimates. Revenue & Earnings Uber reported quarterly revenues of $4.8 billion, reflecting a 72% year-over-year growth, exceeding the consensus estimate $4.43 billion. All major revenue segments witnessed growth. Notably, Delivery revenues and Mobility revenues experienced the sharpest year-over-year growth of 97% and 62% to $2.24 billion and $2.20 billion, respectively. However, the company reported a quarterly loss of $1.28 per share, wider than the loss of $0.62 per share in the previous year and the consensus estimate of a loss of $0.34 per share.
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Uber Technologies (NYSE:UBER)
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