16:12 - 5.11.2021

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November 5, Fineko/abc.az. Uber Technologies Inc has announced its profit for the first time. 

ABC.AZ reports that the company announced that its pre-tax profit in the 3rd quarter of the year was $1 million. At that time the company expected loss of $15.4 million in the 3rd quarter of 2021. After the announcement of the profit, company's shares rose in price by 1%. However, the increase in company's expenses during the reported period prevented the profit receipt. So, for three months (July-September) the company suffered a net loss of $2.4 bn.