Uber beats fourth-quarter revenue expectations but offers soft guidance
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Uber reported fourth-quarter revenue of $11.96 billion, surpassing analysts' expectations with a 20% growth. However, the company provided soft guidance for future performance.
February 05, 2025 | 12:45 pm
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Uber's fourth-quarter revenue exceeded expectations with a 20% increase to $11.96 billion. Despite this positive result, the company issued soft guidance, which may concern investors about future growth.
The positive revenue growth indicates strong performance in the last quarter, which is a good sign for investors. However, the soft guidance suggests potential challenges ahead, balancing the positive news with caution.
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