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Uber’s revenue beat analysts’ expectations in the third quarter, reaching $14.77 billion, up 10% year over year, compared with estimates of $14.69 billion. The increase was driven by a 34% rise in freight revenue to $1.76 billion. However, the Mobility segment fell short of expectations, with revenue down 2% to $7.52 billion. Delivery revenue also missed estimates, despite rising 23% to $5.49 billion. Earnings per share came in at 25 cents, versus the 96 cents expected, while net income fell 92% to $512 million.
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