Ride-hailing company Lyft showed continued signs of pandemic recovery in its first-quarter earnings report Tuesday. The company beat on the top and bottom lines and exceeded Wall Street’s rider expectations for the quarter.
Shares of Lyft were up 7% in after-hours trading following the report.
Here are the key numbers Lyft reported:
- Loss per share: 35 cents vs. 53 cents per share expected in a Refinitiv survey of analysts
- Revenue: $609 million vs. $558.7 million expected by Refinitiv
- Active riders: 13.49 million vs. 12.8 million expected in a FactSet survey
- Revenue per active rider: $45.13 vs. $44.50 expected per FactSet
It’s difficult for investors to compare year-over-year numbers from…