Uber’s Results Beat Expectations in Q2

Uber announced its results for the second quarter of this year, which came in better than expected.

Earnings per share: 58 cents versus an expected loss of 51 cents.

Revenues: $3.93 billion, compared to an expected $3.75 billion.

Uber reported a net profit of $1.1 billion for the quarter.

This is largely due to unrealized gains of $1.4 billion in Didi and $471 million in Aurora.