Lyft (LYFT) Tops Q4 Revenue; Guides Relatively In-Line
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- Needham Starts NeoVolta (NEOV) at Buy
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Lyft Announces Record Fourth Quarter and Fiscal Year Results
February 11, 2020 4:06 PM ESTSurpasses $1 billion in quarterly revenue, up 52% year-over-year
Fiscal 2019 revenue of $3.6 billion up 68% year-over-year
Issues outlook for fiscal 2020
SAN FRANCISCO, Feb. 11, 2020 (GLOBE NEWSWIRE) -- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2019.
Fourth Quarter 2019 Financial Highlights
Lyft reported Q4 2019 revenue of $1,017.1 million versus $669.5 million in the fourth quarter of 2018, an increase of 52 percent year-over-year. Net loss for Q4 2019 was $356.0 million versus a net loss of $248.9 million in the same period... More