SoftBank warns of historic loss [CNN]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: CNN
SoftBank warns of historic loss as value of tech startups collapses The Japanese company said it expected an operating loss of 1.35 trillion yen ($12.5 billion) in its fiscal year through March 31, 2020. That compares with an operating profit of more than 2 trillion yen the previous year. SoftBank ( SFTBY SOFTBANK ) blamed the historic losses — the worst in at least 20 years, according to the data provider Refinitiv — on the plunging valuations of investments held by its mega tech fund. The Vision Fund is expected to report losses amounting to 1.8 trillion yen ($16.7 billion) due to "the deteriorating market environment," the company said in a statement. The markets have been roiled by uncertainty over the coronavirus pandemic . Big losses on other SoftBank investments held outside the $100 billion Vision Fund, notably bankrupt internet satellite startup OneWeb , and troubled coworking provider WeWork , are also expected to weigh heavily on earnings, it added. SoftBank did not dis
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UBER
Earnings
- 11/4/25 - Beat
UBER
Sec Filings
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- 11/18/25 - Form 4
- UBER's page on the SEC website