Uber Technologies yesterday forecast first-quarter bookings short of estimates due to a strong dollar after it reported a profit miss in the October-December period, sending its shares down 7.6 percent at the close in New York.

But the San Francisco-based company also beat fourth-quarter revenue estimates, helped by stable ride-hailing demand for office commutes and a strong holiday season for its delivery services.

Uber's quarterly adjusted EBITDA jumped over 40 percent, but since it did not beat expectations, shares were lower, said Adam Balantyne, senior analyst at Uber shareholder Cambiar Investors.

Already a dominant ride-hailing service in North America, Uber has been trying to convince investors that it has plenty of room to grow by attracting more businesses and self-driving vehicle partners to its platform.