Uber shares tumble on surprise net loss, weak second-quarter forecast
UBER posted a surprise first-quarter loss and forecast gross bookings in the second quarter below Wall Street expectations, sending the ...
Tag: Loss
Oil settles down on US jobs data, steepest weekly loss in three months
OIL prices settled lower on Friday (May 4), and posted their steepest weekly loss in three months as investors weighed ...
Air Canada reports bigger loss than market expectations as costs rise
Air Canada reported a bigger first-quarter loss than market expectations on Thursday (May 2), as higher operating costs tied to ...
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
JAPANESE trading house Sumitomo Corp reported net profit for the fiscal year ended in March fell 31.7 per cent from ...
Japfa posts US$12.4 million Q1 profit, reversing from year-ago loss of US$43 million
AGRI-FOOD company Japfa : UD2 0% recorded a profit of US$12.4 million for the first quarter ended Mar 31, 2024, ...
MicroStrategy posts loss on impairment charge, revenue declines
MICROSTRATEGY posted a first-quarter loss after taking an impairment charge against the value of its roughly US$13 billion in Bitcoin ...
GoTo narrows Q1 loss to 420 billion rupiah with TikTok deal, cost cuts
INDONESIA’S GoTo Group slashed losses to 420 billion rupiah (S$35.2 million) for the three months to Mar 31 – a ...
Electrolux Q1 loss nearly triples on weak demand but beats expectations
Electrolux’s operating loss nearly tripled in the first quarter on weak demand and poor performance in North America, but the ...
Hertz reports US$392 million loss as it unwinds Tesla fleet burden
Hertz Global Holdings reported a loss that was nearly three times worse than analysts expected, as it accelerated sales of ...
Mattel posts narrower loss, thanks to Hot Wheels growth and lower costs
MATTEL shares rose in extended trading after the toymaker reported a smaller-than-expected first-quarter loss, benefiting from fast sales of its ...
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