https://techcrunch.com/2020/08/06/uber-shares-drop-4-after-it-loses-more-money-than-expected-in-q2/ > Today after the bell, American ride-hailing giant Uber released its second quarter results. > The company’s revenue fell compared to both the year-ago quarter (Q2 2019), and the sequentially-preceding period (Q1 2020). Investors had anticipated Uber’s declines due to COVID-19, and the company had spent time earlier this year assuring the investing public that it had enough cash to get through 2020 no matter what.