Uber Technologies, Inc. Bottom Line Rises In Q3, Beats Estimates

(RTTNews) - Uber Technologies, Inc. (UBER) revealed a profit for its third quarter that Increased, from last year and beat the Street estimates.

The company's bottom line totaled $6.626 billion, or $3.11 per share. This compares with $2.612 billion, or $1.20 per share, last year.

Analysts on average had expected the company to earn $0.69 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 20.4% to $13.467 billion from $11.188 billion last year.

Uber Technologies, Inc. earnings at a glance (GAAP) :

-Earnings: $6.626 Bln. vs. $2.612 Bln. last year. -EPS: $3.11 vs. $1.20 last year. -Revenue: $13.467 Bln vs. $11.188 Bln last year.