Shares of Uber popped 7% Tuesday after the company reported first-quarter results that beat analysts’ expectations for revenue.
Here’s how the company did:
- Loss per share: 8 cent loss vs 9 cent loss expected by analysts, according to Refinitiv.
- Revenue: $8.82 billion vs. $8.72 billion expected by analysts, according to Refinitiv.
Revenue for the quarter was up 29% from the same quarter last year.
Source: CNBC