(RTTNews) - Uber Technologies (UBER) reported Tuesday that its second-quarter net loss attributable to the company was $2.6 billion, compared to last year's net income of $1.14 billion.
Loss per share was $1.33, compared to prior year's earnings of $0.58.
On average, 28 analysts polled by Thomson Reuters expected loss of $0.26 per share for the quarter. Analysts' estimates typically exclude special items.
Revenue surged 105 percent to $8.07 billion from $3.93 billion a year ago. Revenue grew 111% on a constant currency basis. Analysts estimated revenues of $7.39 billion for the quarter.
Looking ahead for the third quarter, the company anticipates Gross Bookings of $29.0 billion to $30.0 billion and adjusted EBITDA of $440 million to $470 million.
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