UPDATE: Evercore ISI Downgrades Lyft (LYFT) to In Line
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Lyft Announces Third Quarter Results
November 7, 2022 4:05 PM ESTQ3 revenue of $1.05 billion was an all-time high
Q3 net loss of $422.2 million
Q3 Adjusted EBITDA of $66.2 million exceeded our outlook
SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its third quarter ended September 30, 2022.
Im extremely proud of the strong results the team delivered in Q3. We are seeing material progress and organic tailwinds and feel very well positioned for the road ahead, said Logan Green, co-founder and chief... More
