business
Uber misses on revenue but issues higher-than-expected bookings guidance
Key takeaways
- Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
- Uber reported first-quarter revenue on Wednesday that missed estimates, but the ride-hailing giant issued bookings guidance for the current quarter that exceeded analysts' expectations.
- The stock climbed 9% following the earnings release.
Livestream Menu Make Itselect USAINTLLivestream Search quotes, news & videos Livestream Watchlist SIGN INCreate free account Markets Business Investing Tech Politics Video Watchlist Investing Club PROLivestream Menu
Uber reported first-quarter revenue on Wednesday that missed estimates, but the ride-hailing giant issued bookings guidance for the current quarter that exceeded analysts' expectations.
The stock climbed 9% following the earnings release.
Article preview — originally published by CNBC. Full story at the source.
Read full story on CNBC →
More top stories
Also covered by
Yahoo Finance
Uber Stock Jumps On Mixed Q1 Results, Stronger-Than-Expected Bookings Outlook
Investing.com
Utz Brands beats EPS estimates but misses on revenue
Investing.com
Migros shares jump 5.8% on higher-than-expected Q1 profit
Financial Times
Uber hit by Middle East conflict despite strong bookings
Aggregated and edited by the Scoop newsroom. We surface news from CNBC alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop