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Stock impact report

LYFT Q3 Earnings & Revenues Beat Estimates, Gross Bookings Rise Y/Y [Yahoo! Finance]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Find the latest EPS estimates and surprises on Zacks Earnings Calendar Revenues of $1.52 billion also outpaced the Zacks Consensus Estimate of $1.42 billion and improved 31.5% year over year, reflecting growth in the rideshare market. Active riders increased 9% year over year to 24.4 million. Gross bookings reported for the quarter were $4.10 billion, marking a year-over-year increase of 16%. Lyft, Inc. price-consensus-eps-surprise-chart | Lyft, Inc. Quote Lyft's adjusted EBITDA in the third quarter was $107.3 million, up 16.6% from the year-ago reported figure. The adjusted EBITDA margin (calculated as the percentage of gross bookings) was 2.6%, flat year over year. Lyft exited the third quarter with cash and cash equivalents of $770.29 million compared with $604.35 million at the end of the prior quarter. Long-term debt, net of the current portion at the end of the reported quarter, was $574.47 million compared with $578.33 million at the prior-quarter end. For the four Show less Read more
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