Uber Technologies Q2 Sales $9.20B Miss $9.32B Estimate
Portfolio Pulse from Benzinga Newsdesk
Uber Technologies reported Q2 sales of $9.20 billion, missing the analyst consensus estimate of $9.32 billion by 1.29 percent. However, this represents a 13.96 percent increase over sales of $8.07 billion in the same period last year.
August 01, 2023 | 11:01 am
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Uber's Q2 sales missed analyst estimates but showed a significant YoY increase.
While Uber missed analyst estimates for Q2 sales, the company still showed a significant year-over-year increase. This mixed result could lead to neutral short-term price movement.
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