Lyft (LYFT) Misses Q1 EPS by 50c, Revenue Beats
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/23/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
Lyft Announces First Quarter Results
May 3, 2022 4:05 PM EDTFirst quarter revenue of $875.6 million grew 44% year-over-year
Q1 net loss narrowed by $230 million year-over-year
Adjusted EBITDA profit of $55 million
SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its first quarter ended March 31, 2022.
Q1 was better than we expected and rideshare ride volumes reached a new COVID high, said Logan Green, co-founder and chief executive officer of Lyft. This month Lyft will celebrate our 10th anniversary. Im grateful to the team and incredibly excited... More
