googlenews Posted May 30, 2019 Report Share Posted May 30, 2019 Uber Lost Another Billion Dollars, NBD JalopnikPhoto: AP Uber’s first quarterly earnings report as a publicly-traded company tells us much of the same as every other report the company has ever released about its finances: they can’t stop, won’t stop losing so much freaking money. In the first quarter of 2019, Uber lost $1.034 billion. Yes, billion, with a B. In three months. Every time I write about this, the usual suspects chime in to tell me I don’t know how investing works, and that investors are interested in medium/long-term potential, market share, and other smarter metrics indicative of long-term health than profit-loss calculat... View the full article Quote Link to comment Share on other sites More sharing options...
