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Uber's Q3 Revenue Soars 20% Despite Profit Concerns

11/4/2025

Summary

Story summary

Uber Technologies Inc. reported strong third-quarter results, with revenue up 20% to $13.47 billion and EPS of $3.11, surpassing expectations.
Shares fell nearly 10% on a muted adjusted earnings forecast and legal charges weighing on profits.
Operating income was $1.11 billion, below the anticipated $1.62 billion.
Gross bookings grew 21% to $49.74 billion, and CEO Dara Khosrowshahi said the company will expand autonomous vehicle services in multiple cities by next year.

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Story summary

Uber Technologies Inc. reported strong third-quarter results, with revenue up 20% to $13.47 billion and EPS of $3.11, surpassing expectations.
Shares fell nearly 10% on a muted adjusted earnings forecast and legal charges weighing on profits.
Operating income was $1.11 billion, below the anticipated $1.62 billion.
Gross bookings grew 21% to $49.74 billion, and CEO Dara Khosrowshahi said the company will expand autonomous vehicle services in multiple cities by next year.