URL has been copied successfully!
Lyft Inc. (NASDAQ:LYFT) posted mixed first-quarter results after Thursday’s closing bell, missing the Street’s earnings estimate. Here’s a look at the details inside the report.
- LYFT stock is moving. Watch the price action here.
Lyft Q1 Details
Lyft reported quarterly earnings of four cents per share, which missed the analyst consensus estimate of six cents by 33.33%, according to Benzinga Pro data.
Quarterly revenue came in at $1.65 billion, which beat the Street estimate of $1.63 billion and was up from $1.45 billion in the same period last year.
Lyft reported the following first quarter highlights:
- Gross Bookings of $4.9 billion, up 19% year over year.
- Active Riders was up 17% year over year to 28.3 million.
- Net income of $14.2 million compared to $2.6 million in …
Please follow us:
