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Uber Posts Better-Than-Expected Earnings
UberUber(US:UBER) Investopediaยท2024-02-07 20:00

Key TakeawaysUber posted better-than-expected earnings as bookings surgedUber's profits were boosted by expense reductions including layoffsUber CFO said the company will provide an update on returning capital to shareholders next week.Uber Technologies Inc. (UBER) on Wednesday posted better-than expected fourth quarter earnings. However, the Uber stock in early trading slipped as much as 4% but recovered to make up the losses, perhaps on the chief financial officer (CFO)'s hints of an impending stock buyba ...