Uber beats on revenue, announces $20 billion stock buyback
In this article Dara Khosrowshahi, CEO of Uber, speaking on CNBC's Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Uber reported second-quarter results on Wednesday that beat on revenue and announced the authorization of a $20 billion stock buyback. Here's how the company did versus analysts' estimates compiled by LSEG: Earnings per share: 63 cents vs. 63 cents expected. 63 cents vs. 63 cents expected. Revenue: $12.65 billion vs. $12.46 billion expected.