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Lyft reports Q3 revenue of $955.6M, up 63% YoY, adjusted net loss of $121.6M, compared to $245.3M last year, beating estimates, and raises 2019 revenue guidance

Kate Conger / New York Times :

New York Times Kate Conger

Discussion

  • @reformedbroker Downtown Josh Brown on x
    These are the sort of hot takes I'm riding into Q4 with. https://twitter.com/...
  • @cnbcnow @cnbcnow on x
    EARNINGS: Lyft Q3 Loss ($1.57) vs. ($1.66) Est.; Q3 Revs. $956M vs. $915M Est. • $LYFT https://cnb.cx/2PzLtfU pic.twitter.com/EDeYPkFVQi
  • @g_rapier Graham Rapier on x
    Lyft beats, just by enough to send shares up about 1%. Not many surprises after last week's profitability announcement. https://www.businessinsider.com/ ...
  • @amir Amir Efrati on x
    🚗💵🔥⬇ ️ For the second quarter in a row, Lyft said it actually generated cash from its operations. Rising capex is what stands in the way of positive cash flow. https://www.theinformation.com/ ... $lyft