Lyft (LYFT) Q3 Revenue Tops Consensus
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Lyft Announces Third Quarter Results
November 10, 2020 4:05 PM ESTResults reflect ongoing recovery, with third quarter revenue up 47% quarter-over-quarterEnded quarter with $2.5 billion of unrestricted cash, cash equivalents and short-term investments
SAN FRANCISCO, Nov. 10, 2020 (GLOBE NEWSWIRE) -- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its third quarter ended September 30, 2020.
Lyfts third quarter results reflect our focused execution and business resilience, said Logan Green, co-founder and chief executive officer of Lyft. We are encouraged by the ongoing recovery in ridesharing and the performance improvements we saw across bikes, scooters and fleet. We remain... More
