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]