Lyft (LYFT) Reports Q4 Revenue of $570 Million

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Lyft Announces Fourth Quarter and Fiscal Year Results

February 9, 2021 4:10 PM EST

Fourth quarter revenue of $570 million grew 14% quarter-over-quarterExceeded annualized fixed cost reduction target in Q4Positioned for strong organic growth and margin expansion as the recovery takes hold

SAN FRANCISCO, Feb. 09, 2021 (GLOBE NEWSWIRE) -- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its fourth quarter and fiscal year ended December 31, 2020.

Despite the difficult backdrop in 2020, we continued to focus on improving our business for the long-term, said Logan Green, co-founder and chief executive officer of... More