[BUSINESS]■ STORY TIMELINE
UBER Q1 REVENUE MISSES FORECAST AMID UK TAX HIT
Uber reported Q1 revenue of $13.2 billion, falling short of analyst expectations of $13.3 billion, though gross bookings surged 25% year-over-year. A $1 billion UK tax law impact weighed on results.
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Financial Times: Uber reports Q1 revenue up 14% YoY to $13.2B, below $13.3B est., Gross Bookings up 25% YoY to $53.7B, t…