SAN FRANCISCO (AP) _ Uber Technologies Inc. (UBER) on Wednesday reported fourth-quarter earnings of $892 million.
On a per-share basis, the San Francisco-based company said it had profit of 44 cents.
The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.
The ride-hailing company posted revenue of $5.78 billion in the period, also beating Street forecasts. Eleven analysts surveyed by Zacks expected $5.39 billion.
For the year, the company reported a loss of $496 million, or 26 cents per share. Revenue was reported as $17.45 billion.
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