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Uber beats projections, posts first profit since it became public

Uber posted its first full-year profit since going public in 2019, marking the first time the ride-hailing company has earned money from its operations. The company on Wednesday posted a net income of $1.43 billion in the fourth quarter, after recovering a $1 billion tailwind from investments, Uber confirmed in a release. This is a…
Dara Khosrowshahi Prashanth Mahendra Associated Press Uber Technologies Inc Zacks Investment Research Wall Street
Source: yahoo.com

Uber Technologies (NYSE:UBER) Earns Buy Rating from Needham & Company LLC

Uber Technologies (NYSE:UBER – Get Free Report)‘s stock had its “buy” rating reiterated by research analysts at Needham & Company LLC in a research report issued on Wednesday, MarketBeat Ratings reports. They currently have a $90.00 target price on the ride-sharing company’s stock, up from their prior target price of $71.00. Needham & Company LLC’s […]
United States Tony West Roth Mkm Jill Hazelbaker Chilton Investment Co Securities Exchange Commission

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