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- Lyft beat analysts’ revenue expectations by 3.6% last quarter, reporting revenues of $1.44 billion, up 40.6% year on year. It was a strong quarter for the company, with exceptional revenue growth and a solid beat of analysts’ EBITDA estimates. It reported 23.7 million users, up 10.3% year on year.
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1 day ago · The Zacks Consensus Estimate for LYFT’s soon-to-be reported quarter’s earnings is currently pegged at 20 cents per share, having been revised 11.1% upward in the past 60 days. The Zacks ...
Mar 31, 2024 · First Quarter 2024 Financial Highlights: Gross Bookings of $3.7 billion was up 21% year-over-year. Revenue of $1.3 billion was up 28% year-over-year. Net loss of $31.5 million compares with $187.6 million in Q1’23. Net loss includes $87.5 million of stock-based compensation and related payroll tax expenses.
May 14, 2024 · Lyft's (LYFT 0.14%) 28% year-over-year jump in Q1 revenue is a strong indication that after a full year as CEO, David Risher has the company headed in the right direction.
Feb 13, 2024 · Operational Highlights. Rides of 191 million in Q4: Grew 26% year-over-year, our fourth consecutive quarter of accelerating growth driven by strong rideshare demand. For full-year 2023, Rides were 709 million, up 18% year-over-year. Active Riders of 22.4 million in Q4: Grew 10% year-over-year.
Nov 8, 2023 · Lyft reported third-quarter revenue and profit surpassing estimates on Wednesday, but gross bookings growth was lower than larger rival Uber's ride-hailing business.
Aug 7, 2024 · Lyft achieves its first-ever GAAP profit, driven by strong Q2 revenue and ridership growth. The company's conservative outlook for Q3 and FY24, including lower-than-expected EBITDA, sparked investor concern.