07:09 AM EDT, 05/07/2025 (MT Newswires) -- Uber Technologies ( UBER ) reported Q1 earnings Wednesday of $0.83 per diluted share, swinging from a loss of $0.32 a year earlier.

Analysts polled by FactSet expected earnings of $0.51.

Revenue for the quarter ended March 31 was $11.53 billion, up from $10.13 billion a year earlier.

Analysts surveyed by FactSet expected $11.63 billion.

Shares of the ride-hailing and mobility platform were down more than 5% in recent premarket activity.