Lyft (LYFT) Tops Q3 EPS by 9c, Revs Beat; Raises Outlook

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Go back to Lyft (LYFT) Tops Q3 EPS by 9c, Revs Beat; Raises Outlook

Lyft Announces Record Third Quarter Results

October 30, 2019 4:06 PM EDT

Third quarter revenue grew to $956 million, up 63% year-over-year
Raising outlook for fiscal 2019

SAN FRANCISCO, Oct. 30, 2019 (GLOBE NEWSWIRE) -- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its third quarter ended September 30, 2019. 

Our third quarter results demonstrated the significant progress Lyft has made on our path to profitability. Record revenue was generated by strong growth in both Active Riders and Revenue per Active Rider as we continue to increase engagement through product innovation and execution, said Logan Green, co-founder and chief executive officer of Lyft. Our continued focus on consumer... More