Uber Reports Q3 Earnings with Revenue of $14.77 Billion and EPS Beat
Uber has reported third-quarter financial results, surpassing analyst expectations on both the top and bottom lines. The company posted Non-GAAP earnings per share (EPS) of $0.88, beating estimates by $0.01, while revenue reached $14.77 billion, exceeding projections by approximately $100 million. Year-over-year revenue growth was recorded at 9.4%, or roughly 10% on a constant currency basis. Despite the beat, the company noted that certain changes to its business model had a negative impact on total year-over-year revenue growth rates.
Tickers: $UBER
Topics: earnings beat non-GAAP EPS revenue growth