Lyft (LYFT) Q3 Revenue Tops Consensus

Lyft (NASDAQ: LYFT) reported Q3 revenue for the quarter of $499.7 million versus the consensus estimate of $486.45 million.

• Net loss for Q3 2020 was $459.5 million versus a net loss of $463.5 million in the same period of 2019. Net loss for Q3 includes $170.7 million of stock-based compensation and related payroll tax expenses and $0.7 million related to changes to the liabilities for insurance required by regulatory agencies attributable to historical periods. Net loss margin for Q3 was 92.0 percent compared to 48.5 percent in the third quarter of 2019.

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

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