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Report on income Q1 Lyft Q1 2025

On Tuesday, February 6, 2024, Lyft’s sign on New York, USA.

SHELBIA CHOROS | Bloomberg | Gets the image

Elevator Shares jumped by 5% after the company increased the ransom plan to $ 750 million in its Report on the profits of the first quarter.

The shares were up to 10% after profit.

Here’s how Ridesharing did:

  • Profit: 1 percent per share
  • Income: $ 1.45 billion vs. $ 1.47 billion LSEG estimate

Revenues increased 14% a year ago to $ 1.45 billion. The company reported a net profit of $ 2.57, or 1 percent per share. This is a result of a net loss of $ 31.54, or 8 cents per share a year ago.

The attractions jumped 16% for the period up to 218.4 million, while active riders increased by 11% to 24.2 million, gross orders increased by 13% to $ 4.16 billion and came slightly ahead of $ 4.15 billion. The company said the period noted the 16th period of two-digit growth of gross reservation per year.

“With the help of our expansion of the new demographics using Lyft Silver and in Europe through the planned acquisition of Freenow, we will put all the works for a sustainable, presenter,” wrote CEO David Risher in a press release.

In the second quarter, Lyft said he believes that he was growing up in the middle of the teenagers. The gross orders are expected to amount to $ 4.41 billion to $ 4.57 billion.

Lyft reported $ 280.7 million free cash flows for the first quarter, which seized $ 136.3 million from Streetaccunt.

Last month Lyft announced expansion to Europe with almost Acquisition of $ 200 A taxi on Germany Freenow.

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