Uber reports $3B in Q4 revenue, rising operating losses
Ahead of its anticipated initial public offering this year, Uber reported a net loss of $865 million in the fourth quarter. On an adjusted, pro-forma basis, Uber’s net loss in the final quarter of 2018 was a slimmer $768 million. The firm reported a pro-forma net loss of $939 million in the preceding, third quarter of 2018, but also reported a smaller pre-tax net loss of $971 million.