Uber Reports Strong Q1 Earnings and Booking Growth, Shares Rise
Uber reported first-quarter earnings of $0.72 per share, exceeding the Wall Street estimate of $0.70. The company also saw a 21% increase in gross bookings year-over-year to $13.2 billion revenue (slightly below expectations). Uber's shares surged over 9% premarket following these results.
Tickers: $UBER