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Lyft reports Q1 revenue up 14% YoY to $1B, net loss down 5% YoY to $187.6M, and active riders up 9.8% YoY to 19.5M; LYFT drops 20%+ on a dismal Q2 guidance

Akash Sriram / Reuters :

Reuters Akash Sriram

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Discussion

  • @conorsen Conor Sen on x
    Uber might generate more free cash flow in the second half of 2024 than Lyft will generate in revenue. It's getting to be an NFL team vs a high school team.