FinanceTech in Asiaabout 2 hours ago
Uber Q4 Profit Misses Estimates on Costs
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Uber Technologies Inc. guided fourth-quarter adjusted earnings to $0.95 to $0.99 per share, missing the $1.06 analyst forecast due to rising fuel prices and driver shortages. Third-quarter revenue climbed 10% to $14.77 billion. The company also agreed to acquire ezCater and expects roughly 700 fully driverless vehicles operating by year-end.
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