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Uber Q2 Earnings
Description
Uber ($UBER@US) reported solid second-quarter earnings on Wednesday afternoon as their sales of $3.93 billion topped analyst’s projections of $3.74 billion by 5.05% and increased 75.32% year over year. Uber crushed competitor Lyft ($LYFT@US) in sales for the second quarter as Lyft only had around $700 million worth of sales. Shares of Uber were up 1.63% at press time.
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