Lyft (LYFT) Misses Q1 EPS by 42c, Revenue Tops Views, Offers Guidance

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Go back to Lyft (LYFT) Misses Q1 EPS by 42c, Revenue Tops Views, Offers Guidance

Lyft Announces Results for First Quarter 2023

May 4, 2023 4:05 PM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its first quarter ended March 31, 2023.

Were improving our rideshare service and are thrilled with the early results. Riders are taking more rides and drivers have the power to earn more, said David Risher, chief executive officer of Lyft. Our focus on riders and drivers will be our strength as we build a large-scale, healthy, and profitable business.

David has hit the ground running. His customer obsession is vital in positioning Lyft to capture long-term opportunities, said Logan... More