Lyft (LYFT) Q1 Revenue Beats Estimates

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Lyft Announces Results for First Quarter 2024

May 7, 2024 4:05 PM EDT

Q1 Rides and Gross Bookings Growth Exceed 20% Year-Over-Year
Expects Higher Cash Generation for Full-Year 2024

SAN FRANCISCO--(BUSINESS WIRE)-- Lyft, Inc. (Nasdaq: LYFT) today announced financial results for the first quarter ended March 31, 2024.

Lyft is off to a strong start in 2024. We are executing well and bringing much-needed innovation to the market. Thats why drivers and riders are choosing Lyft more often, said CEO David Risher. After a year in the drivers seat at Lyft Im thrilled to see all the ways that our customer obsession... More