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Lyft shares slump on mixed results
CNBC Television· 2025-11-05 21:52
has the numbers, Matt. >> Hey, John. It is mixed results for Lyft.Those shares moving almost 5% lower in extended trade. Earnings coming in at 11 cents per share, beating the 8 cents that analysts were looking for. Revenue was essentially in line at 1.69% billion.Gross bookings, that's the total value of rides on the platform, were a slight beat at 4.78% billion. Active riders also came in ahead of estimates at 28.7% million. While profitability it was in line with adjusted Ibida of 139 million.Looking ahea ...
Lyft shares tumble more than 8% on Q2 results
CNBC Television· 2025-08-06 21:18
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]