Lyft Crashed Over 32% in Premarket Trading After Posting Its Disappointing Financial Results

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Lyft Crashed Over 32% in Premarket Trading After Posting Its Disappointing Financial Results

Tiger Newspress2023-02-10

Lyft, Inc. crashed over 32% in premarket trading after posting its disappointing financial results.

It reported revenue of $1.2 billion, up 21% from the year-earlier quarter, adjusted Ebitda was a loss of $248.3 million. For the first quarter, it sees revenue of $975 million, falling shy of the Street consensus at $1.09 billion.

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blankTOGA
·2023-02-10
You could say Lyft needs a lift 😉
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- ZEROHERO:
  Time to leave of turn over a new leaf
  2023-02-10
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