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While losses mount, Uber CEO expects profitability in 2021

CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021......»»

Category: topSource: moneycentralNov 4th, 2019

While losses mount, Uber CEO expects profitability in 2021

CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021......»»

Category: topSource: moneycentralNov 4th, 2019

While losses mount, Uber CEO expects profitability in 2021

CEO Dara Khosrowshahi said Monday that the company's goal is to reach profitability — when adjusted for interest, taxes, depreciation and amortization — for the full year of 2021......»»

Category: topSource: moneycentralNov 4th, 2019

Uber"s Losses Keep Accumulating, But CEO Expects Profitability In Two Years

Uber Technologies Inc (NYSE: UBER) has been throu.....»»

Category: earningsSource: benzingaNov 5th, 2019

Uber"s losses shrink as CEO promises profitability for 2021

Investors get a look under Uber's hood......»»

Category: topSource: foxnewsNov 4th, 2019

Earnings Outlook: Uber earnings preview: Brace for more quarterly losses

Uber Technologies Inc. took a significant detour on the road to profitability three months ago with a jaw-dropping $5.24 billion quarterly loss, deepening its losses to more than $6 billion this fiscal year......»»

Category: topSource: marketwatchNov 1st, 2019

Uber CEO expects further pressure as shares add to losses, down 12%

Uber Technologies Inc's shares fell 12% on Monday, more than doubling their losses since the ride-hailing giant's poorly received market debut, and its chief executive officer said he expected the stock to remain under pressure in the coming months......»»

Category: topSource: reutersMay 13th, 2019

Breakingviews TV: Uber losses

Is the ride-share app the new Amazon? Some of its boosters say so – mostly to explain its lack of profitability, which resembles Jeff Bezos’s firm in its early years. The comparison is too kind to Uber, as Rob Cyran explains......»»

Category: videoSource: reutersMay 8th, 2019

Uber narrows loss but still a long way from profitability

Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: topSource: reutersAug 15th, 2018

Uber narrows loss but still a long way from profitability

Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: topSource: moneycentralAug 15th, 2018

Uber narrows loss but far from profitability

Uber said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from proving it can be a profitable business even as it gears up to go public in 2019......»»

Category: videoSource: reutersAug 15th, 2018

AirPods 2 to drive growth at Unitech in 1H20

Taiwan-based PCB maker Unitech, having registered impressive revenues so far this year, expects stable shipments of HDI rigid-flex boards for AirPods 2 to persist into the first half of 2021 as a major growth driver, according to industry sources......»»

Category: topSource: digitimes22 hr. 42 min. ago

Dow Jones Newswires: Credit Suisse to launch up to $1.5 billion share buyback in 2020, returns to rise

The Swiss bank targets a return on tangible equity, a key measure of profitability, of roughly 10% next year, up from the more than 8% it expects to achieve this year......»»

Category: topSource: marketwatchDec 11th, 2019

WeWork chairman tells employees the plan is to have positive adjusted earnings by 2021

In a meeting with employees on Friday, WeWork Chairman Marcelo Claure laid out his plans to get the company to profitability......»»

Category: realestateSource: cnbcDec 10th, 2019

SpaceX broadband service will be "bumpy" at first, Gwynne Shotwell says

The president of SpaceX said she expects the company to mature as an internet service provider by 2021. The president of SpaceX said she expects the company to mature as an internet service provider by 2021......»»

Category: topSource: latimesDec 7th, 2019

Tesla expects to release the most and least expensive versions of the Cybertruck a year earlier than expected (TSLA)

Tesla Tesla has changed the production timelines for the most and least expensive trims of its Cybertruck pickup truck. Production for the three-motor, all-wheel-drive Cybertruck, which starts at $69,900, will begin in 2021, a year earlier tha.....»»

Category: topSource: businessinsiderDec 6th, 2019

Silicon Valley adjusts to new reality as $100 billion evaporates

Once Silicon Valley’s highest-flying darlings, companies from WeWork to Uber have collectively lost about $100 billion in value this year, prompting some startup executives to talk up profitability over growth......»»

Category: topSource: moneycentralNov 27th, 2019

WeWork chairman tells employees the plan is to have positive adjusted earnings by 2021

In a meeting with employees on Friday, WeWork Chairman Marcelo Claure laid out his plans to get the company to profitability......»»

Category: realestateSource: cnbcNov 22nd, 2019

Entasis Therapeutics expects data from Phase 3 trial of zoliflodacin in 2021

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 14th, 2019

FocalTech swings to profit in 3Q19

IC design house FocalTech Systems managed to return to profitability in the third quarter of 2019, ending a streak of three consecutive quarterly losses......»»

Category: topSource: digitimesNov 14th, 2019

Is Softbank"s Son Apology For Poor Investments Genuine Or Due To Pressure?

Japan-based multinational conglomerate Softbank (OTC: SFTBY) wrote off billions of dollars in losses from investments in Uber Technologies In.....»»

Category: earningsSource: benzingaNov 13th, 2019