Lyft (LYFT) Tops Q2 EPS by 90c; Raises Outlook

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Go back to Lyft (LYFT) Tops Q2 EPS by 90c; Raises Outlook

Lyft Announces Record Second Quarter Results

August 7, 2019 4:07 PM EDT

Second quarter revenue grew to $867 million, up 72% year-over-year
Based on execution and improving market environment, raising outlook for fiscal 2019

SAN FRANCISCO, Aug. 07, 2019 (GLOBE NEWSWIRE) -- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its second quarter ended June 30, 2019. 

Lyfts second quarter was marked by strong execution and important advances in our product and platform. This translated to record revenue driven by better than expected Active Rider growth and Revenue per Active Rider monetization, said Logan Green, co-founder and chief executive officer of Lyft. We remain focused on... More