Lyft (LYFT) Q1 Revenue Beats, Q2 Revenue Guidance Tops Views

Lyft (NASDAQ: LYFT) reported Q1 loss per share of $9.02, may not compare to the analyst estimate of ($1.81). Revenue for the quarter came in at $776 million versus the consensus estimate of $739.48 million.

GUIDANCE:

Lyft sees Q2 2019 revenue of $800-810 million, versus the consensus of $782.32 million.

• Adjusted EBITDA loss to be between $270 million and $280 million

Lyft sees FY2019 revenue of $3.275-3.3 billion, versus the consensus of $3.26 billion.

• Adjusted EBITDA loss to be between $1.15 billion and $1.175 billion

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

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