direct: Uber’s share price rose by more than 7 percent at the end of trading on Friday, after quarterly losses fell below expectations.
The company operating in the participatory transport sector recorded losses of $ 1.08 billion during the quarter ending last September, compared with losses of $ 1.1 billion in the comparative quarter of the previous year.
Uber’s share of losses was 62 cents per share during the third quarter, compared to estimates of a loss of 65 cents.
But the US company’s revenue fell by 18 percent year-on-year to $ 3.13 billion in the third quarter.
At the close, Uber’s share rose 6.9 percent to $ 44.87.
These were the details of the news Updated .. Uber shares up 7% at the close after the... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.