Lyft (LYFT) Tops Q4 Revenue; Guides Relatively In-Line
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Lyft Announces Record Fourth Quarter and Fiscal Year Results
February 11, 2020 4:06 PM ESTSurpasses $1 billion in quarterly revenue, up 52% year-over-year
Fiscal 2019 revenue of $3.6 billion up 68% year-over-year
Issues outlook for fiscal 2020
SAN FRANCISCO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2019.
Fourth Quarter 2019 Financial Highlights
Lyft reported Q4 2019 revenue of $1,017.1 million versus $669.5 million in the fourth quarter of 2018, an increase of 52 percent year-over-year. Net loss for Q4 2019 was $356.0 million versus a net loss of $248.9 million in the same period... More