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Uber: 2Q Earnings Snapshot

August 8, 2019

SAN FRANCISCO (AP) _ Uber Technologies Inc. (UBER) on Thursday reported a loss of $5.24 billion in its second quarter.

The San Francisco-based company said it had a loss of $4.71 per share.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for a loss of $3.33 per share.

The ride-hailing company posted revenue of $3.17 billion in the period, which also did not meet Street forecasts. Eight analysts surveyed by Zacks expected $3.41 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UBER at https://www.zacks.com/ap/UBER

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