Uber Sees Financial Growth and Possible Waymo Settlement

Uber Technologies Inc. tried to assuage investors’ concerns Tuesday that a series of scandals were taking a toll on the business. It told them to expect improved bookings, narrower losses and a possible settlement with Alphabet Inc. that could resolve one of the company’s biggest legal hurdles.

On a conference call with investors, Uber executives said gross bookings increased more than 10 percent last quarter from the prior period, while losses continued to shrink, said people familiar with the meeting. Uber’s attorney told investors that a lawsuit over self-driving cars from Alphabet’s Waymo could be settled before a scheduled court date in October, though she said no formal agreement is in the works, said the people, who asked not to be identified because the information is private.