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Uber was profitable, according to a quick Google search (dated in May of 2024) they then lost $654 million after that
by IntelMiner 2y ago
Uber was profitable, according to a quick Google search (dated in May of 2024) they then lost $654 million after that
- s1artibartfast 2y agoI dont know where google is pulling that information, but their SEC filings and stock financials disagree [1,2]. In Q1 2024 they claimed a $750 million unrealized loss tax write-off, but were still cashflow positive. [3] https://finance.yahoo.com/quote/UBER/financials/ https://finance.yahoo.com/quote/UBER/financials/ https://s23.q4cdn.com/407969754/files/doc_earnings/2024/q2/earnings-result/Uber-Q2-24-Earnings-Press-Release.pdf https://s23.q4cdn.com/407969754/files/doc_earnings/2024/q2/e... https://s23.q4cdn.com/407969754/files/doc_earnings/2024/q1/earnings-result/Uber-Q1-24-Earnings-Press-Release.pdf https://s23.q4cdn.com/407969754/files/doc_earnings/2024/q1/e...