Lyft (LYFT) Q1 Revenue Guidance Misses Consensus

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Go back to Lyft (LYFT) Q1 Revenue Guidance Misses Consensus

Lyft Announces Q4’22 and Fiscal 2022 Results

February 9, 2023 4:05 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

In 2022 we took important steps to strengthen our business and delivered significant value to our customers, said Logan Green, co-founder and chief executive officer of Lyft. The better marketplace balance we see today creates significant opportunities for long-term profitable growth. To take advantage of this opportunity we must ensure competitive service levels. Reinforcing our competitive position, servicing more demand and reducing our fixed and variable costs will put us in the best position... More