Lyft (LYFT) Misses Q1 EPS by 42c, Revenue Tops Views, Offers Guidance

Lyft (NASDAQ: LYFT) reported Q1 EPS of ($0.50), $0.42 worse than the analyst estimate of ($0.08). Revenue for the quarter came in at $1 billion versus the consensus estimate of $981.71 million.

GUIDANCE:

Lyft sees Q2 2023 revenue of $1-1.02 million, versus the consensus of $1.08 million.

• Adjusted EBITDA between $20 million and $30 million, with an Adjusted EBITDA margin of 2% to 3%

For earnings history and earnings-related data on Lyft (LYFT) click here.

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