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

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Lyft (LYFT) Shares Tumble After-Hours Following Q3 Revenue Miss

November 7, 2022 4:20 PM EST

Lyft (NASDAQ: LYFT) shares have tumbled in after-hours trading after the company released its third-quarter results, missing revenue consensus expectations.

The ride-hailing company posted a third-quarter adjusted net income of $36.7 million, while revenue for the quarter came in at $1.05 billion versus the consensus estimate of $1.06... More

Lyft (LYFT) Set For 'Big Print and Guide Ahead' - Wedbush

November 4, 2022 2:10 PM EDT

Ahead of Lyft's (NASDAQ: LYFT) earnings report, Wedbush analyst Daniel Ives said in a note that a big print and guide is ahead.

On Monday, November 7, after the close, Lyft will report its FY3Q22 results.

Ives, who has an Outperform rating and a $25 price target on Lyft, said they expect generally solid results, which "should beat the Street on... More

Lyft (LYFT) Confirms it is Cutting 13% of Staff - Maintains Guidance

November 3, 2022 12:17 PM EDT

Lyft (NASDAQ: LYFT) is cutting 13% of its workforce or approximately 683 employees, the company said in a filing on Thursday.

It is the second round of job cuts at the ride-hailing firm in recent months. In July, the company cut about 60 jobs... More

Lyft (LYFT) to Lay off 13% of Staff in Second Round of Layoffs -DJ

November 3, 2022 11:42 AM EDT

Lyft (NASDAQ: LYFT) to Lay off 13% of Staff in Second Round of Layoffs -DJ

Cut Hundreds of Job Cuts as Soon as Thursday... More