The ridesharing and food delivery company is firing on all cylinders.
Uber (UBER -2.03%) reported increasing ride-hailing revenue, while its food delivery business remains robust. Fool.com contributor and finance professor Parkev Tatevosian elaborates on what he thought about Uber's latest earnings results.
*Stock prices used were the afternoon prices of May 3, 2023. The video was published on May 5, 2023.
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Uber Technologies. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
