Uber Reports Q1 Revenue Growth Amidst Analyst Shortfall

Uber Technologies Inc. unveiled its first-quarter fiscal 2025 results, showcasing a 14% year-over-year revenue increase to $11.5 billion. Despite this growth, the figures did not meet the lofty expectations set by financial analysts.

This development marks a pivotal moment for the ride-sharing giant, as it navigates through the challenges of exceeding market forecasts while sustaining its growth trajectory. More updates to follow...