Lyft (LYFT) Misses Q1 EPS by 50c, Revenue Beats
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/12/2026
- Wall St set to gain on tech rebound, Middle East in focus
- SpaceX prices historic IPO at $135/share in largest ever new listing
- Oil drops as Trump cancels planned strikes against Iran
- Intel rallies as BofA double-upgrades stock on increased CPU, foundry visibility
- Oppenheimer sees little strategic case for Tesla-SpaceX merger
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Adobe CFO Dan Durn to depart company in June 2026
- Oppenheimer Starts SpaceX (SPCX) at Outperform, PT $190, 'space infrastructure appears structurally advantaged'
- Pentagon reportedly locked down, hazmat teams responding
- Axsome Therapeutics (AXSM) PT Raised to $380 at Jefferies
Lyft Announces First Quarter Results
May 3, 2022 4:05 PM EDTFirst quarter revenue of $875.6 million grew 44% year-over-year
Q1 net loss narrowed by $230 million year-over-year
Adjusted EBITDA profit of $55 million
SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its first quarter ended March 31, 2022.
Q1 was better than we expected and rideshare ride volumes reached a new COVID high, said Logan Green, co-founder and chief executive officer of Lyft. This month Lyft will celebrate our 10th anniversary. Im grateful to the team and incredibly excited... More
