Tofan Kandi
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Tofan Kandi
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Uber on Thursday reported second-quarter earnings that widely missed Wall Street expectations.
The ride-hailing giant lost $4.72 per share on revenues of $3.17 billion.
A big chunk of Uber's massive $5.24 billion loss was because of stock-based compensation from its initial public offering earlier this year.
Follow Uber's stock in real time here.
Here are the important numbers:
Earnings per share (GAAP): -$4.72 versus -$3.23 expected
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