Uber grows Q3 revenue and gross bookings, but net losses still exceed $1B
Uber reported its third quarter financial results on Monday, beating market expectations. The ride hailing firm posted a net loss of $1.2 billion, or 68 cents per share. The net loss included $401 million in stock-based compensation expense. Revenue for the quarter was $3.8 billion, with growth accelerating 30 percent year-over-year. Analysts were expecting a net loss of 81 cents… Read more →