The ride-hailing company reported continuing revenue growth on Tuesday, but steep losses remain.
Lyft expects 2019 to be its worst year in terms of financial losses, the ride-hailing company's CFO told Wall Street analysts on Tuesday.
For the first three months of 2019, Lyft's net loss came in at $211.5 million, the company said. Revenues, meanwhile, rose to $776 million where Wall Street analysts polled by Bloomberg had expected $738.5 million.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Lyft to face first major test as public company with quarterly revealLyft Inc's first quarterly report on Tuesday as a public company is expecte...
Lire la suite »
Lyft Earnings: What to WatchLyft has a lot riding on the number of so-called active riders who regularly use its services—and for that matter, how much it can make from each of them
Lire la suite »
American Express relaunches Blue Cash Preferred credit card — with cashback for Netflix, Amazon, Lyft and UberCard holders will earn cash back on new categories, including streaming services.
Lire la suite »
Lyft revenue tops expectations in first results as public company but growth seen slowingLyft revenue tops expectations in first results as a public company but its revenue growth is seen slowing, sending shares down in extended trade $LYFT
Lire la suite »
Lyft to report earnings for the first time as a public companyLyft's stock has tumbled since its public debut in March as analysts scrutinize its path to profitability as rival Uber prepares its IPO.
Lire la suite »
Uber and Lyft drivers are planning to strike this week, and it highlights the challenge the 2 ride-hailing giants face as public companiesUber and Lyft are still fighting tooth and nail for market share in the United States.
Lire la suite »
Uber and Lyft drivers are striking in over a dozen cities around the world on Wednesday. Here's the full list of where demonstrations are planned.Demonstrations by Lyft and Uber drivers are planned in at least 20 cities around the world.
Lire la suite »
LIVE: Lyft is about to report earnings for the first time as a public companyLyft's first-quarter earnings report, its first as a public company, comes days before rival Uber is expected to price its own shares.
Lire la suite »
Lyft just lost its lawsuit against New York City's minimum wage rule for driversA judge ruled Wednesday that Lyft and Juno must pay their drivers according to rules set out by the City Council in March.
Lire la suite »
Uber, Lyft drivers plan to strike ahead of Uber’s IPODrivers are calling for better job security, a livable income and a cap on the ride-hailing companies’ commission.
Lire la suite »
Strike by Uber and Lyft drivers Wednesday has potential to disrupt travel for thousandsThe work stoppage could mean longer waits for service and surge pricing — if you can hail a ride at all.
Lire la suite »