UPDATE: Evercore ISI Downgrades Lyft (LYFT) to In Line

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Go back to UPDATE: Evercore ISI Downgrades Lyft (LYFT) to In Line

Lyft Announces Third Quarter Results

November 7, 2022 4:05 PM EST

Q3 revenue of $1.05 billion was an all-time high

Q3 net loss of $422.2 million

Q3 Adjusted EBITDA of $66.2 million exceeded our outlook

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its third quarter ended September 30, 2022.

Im extremely proud of the strong results the team delivered in Q3. We are seeing material progress and organic tailwinds and feel very well positioned for the road ahead, said Logan Green, co-founder and chief... More