Company News: Uber (UBER) posts smaller-than-expected quarterly loss

Market news

7 February 2020

Company News: Uber (UBER) posts smaller-than-expected quarterly loss

Uber (UBER) reported Q4 FY 2019 GAAP loss of $0.64 per share, better than analysts' consensus estimate of -$0.68 per share.

The company's quarterly revenues amounted to $4.069 bln (+36.8% y/y), roughly in line with analysts' consensus estimate of $4.058 bln.

UBER rose to $39.25 (+5.82%) in pre-market trading.

Canada: Employment , January 34.5 (forecast 15)

European session review: EUR under pressure after disappointing German industrial production data

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