Uber’s losses top $1 billion, trumping better than expected revenues

Better than expected revenues couldn’t divert investor attention from the fact that Uber still managed to lose more than $1 billion in the most recent quarter as the company’s stock fell in after-hours trading. There are bright spots in the latest earnings report, not least that the company managed to stanch the bleeding that had … Continue reading Uber’s losses top $1 billion, trumping better than expected revenues