Today after the bell, Uber reported its fourth-quarter financial performance. The company saw $25.9 billion in gross platform spend, up 51% compared to its year-ago result, and revenues of $5.78 billion, up 83% compared to Q4 2020. The company also reported GAAP net income of $0.44 per share, though that number did include non-operating items relating to investments.
Analysts had expected the company to report a per-share loss of $0.35 against revenues of $5.34 billion, according to estimates shared by Yahoo Finance. Shares of the American company are up just under 6% in the immediate aftermath of its earnings disclosure.
On a per-segment basis, here’s how Uber’s key business units performed in revenue terms:
The company’s diversification is in full-force in the above numbers, with ride-hailing posting the slowest growth of Uber’s core unit results, even losing …
