Earnings

Lyft earnings Q4 2020

0


A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S., August 20, 2020.

Mike Blake | Reuters

Ride-hailing company Lyft reported fourth-quarter earnings on Tuesday, surpassing Wall Street’s top- and bottom-line expectations but disappointing when it came to active riders.

The company’s stock was up more than 9% in after-hours trading, thanks to a beat on revenue and signs the business is recovering slightly from the pandemic.

Lyft is also still on track to become EBITDA…



Source cnbc.com

0 0 votes
Article Rating

Lumber prices skyrocket, pushing up housing costs

Previous article

Cannabis stocks soar as Reddit crowd that spiked GameStop jumps in, Tilray surges 25%

Next article

You may also like

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

More in Earnings