Lyft (LYFT) Misses Q3 EPS by 18c, Beats on Revenue

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Go back to Lyft (LYFT) Misses Q3 EPS by 18c, Beats on Revenue

Lyft Announces Results for Third Quarter 2023 & Introduces New Key Metrics

November 8, 2023 4:05 PM EST

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for its third quarter ended September 30, 2023. Additionally, Lyft has introduced the following key metrics, each of which is presented on a total company basis: Gross Bookings, Rides, and Adjusted EBITDA margin (calculated as a percentage of Gross Bookings). Descriptions and further information regarding these new metrics, including historical data, are included in this press release and in the Companys third quarter supplemental slide deck, which is available on the Lyft investor relations website.

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