SAN FRANCISCO (AP) _ Uber Technologies Inc. (UBER) on Thursday reported a loss of $1.1 billion in its fourth quarter.
The San Francisco-based company said it had a loss of 64 cents per share.
The results topped Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for a loss of 68 cents per share.
The ride-hailing company posted revenue of $4.07 billion in the period, missing Street forecasts. Seven analysts surveyed by Zacks expected $4.1 billion.
For the year, the company reported a loss of $8.51 billion, or $6.81 per share. Revenue was reported as $14.15 billion.
Uber shares have risen 25% since the beginning of the year.