SAN FRANCISCO (AP) — SAN FRANCISCO (AP) — Uber Technologies Inc. (UBER) on Thursday reported third-quarter earnings of $2.61 billion.
The San Francisco-based company said it had profit of $1.20 per share.
The results beat Wall Street expectations. The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 41 cents per share.
The ride-hailing company posted revenue of $11.19 billion in the period, which also topped Street forecasts. Fourteen analysts surveyed by Zacks expected $11 billion.
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