Lyft (LYFT) confirms termination of 13% of work force, maintains guidance
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Go back to Lyft (LYFT) confirms termination of 13% of work force, maintains guidance
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
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
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
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...
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