Financial Performance - Lyft's Q3 earnings per share beat estimates at $0.11 [1] - Q3 revenue was approximately in line at $1.69 billion [1] - Gross bookings for Q3 slightly exceeded expectations at $4.78 billion [1] - Adjusted EBITDA for Q3 was in line at $139 million [1] Ridership Metrics - Active riders in Q3 surpassed estimates at 28.7 million [1] Q4 Guidance - Lyft projects Q4 gross bookings between $5.01 billion and $5.13 billion, exceeding expectations at the midpoint [2] - The company anticipates Q4 adjusted EBITDA of $135 million to $155 million, with the midpoint aligning with street estimates [2] Market Reaction - Lyft's stock experienced a sell-off, declining by approximately 4.5% [2]

Financial Performance - Lyft's EPS exceeded expectations at 10 cents versus the analyst estimate of 4 cents [1] - Revenue slightly missed expectations at $159 billion versus the expected $161 billion [1] - Gross bookings were basically in line at $449 billion [1] - Adjusted EBITDA hit $129 million, topping estimates [1] Guidance - Lyft is guiding gross bookings between $465 billion and $48 billion for Q3, ahead of expectations [2] - Adjusted EBITDA is expected to be roughly in line with street expectations [2] Market Reaction - Lyft's shares are plunging post close, around 9% lower [1] - Investors are not liking what they're seeing, with shares down around 75% [2]