Form 8-K Lyft, Inc. For: Nov 03

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Go back to Form 8-K Lyft, Inc. For: Nov 03

Lyft (LYFT) confirms termination of 13% of work force, maintains guidance

November 3, 2022 12:10 PM EDT

(Updated - November 3, 2022 12:12 PM EDT)

Lyft (NASDAQ: LYFT) disclosed:


On November 3, 2022, Lyft, Inc. (the Company) confirmed there have been no changes to its previously issued guidance regarding: its third quarter 2022 revenues, Contribution Margin and Adjusted EBITDA, and its 2024 financial targets for $1 billion in Adjusted EBITDA with more than $700 million in free cash flow. These targets were issued during the Companys second quarter 2022 earnings conference call on August 4, 2022. The... More