Earnings

Lyft Q2 2020 earnings

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A traveler wearing a protective mask waits to put a suitcase in the back of ride-sharing car displaying Lyft signage at San Francisco International Airport on Monday, May 4, 2020.

Paul Morris | Bloomberg via Getty Images

Lyft just reported second-quarter earnings including a 61% revenue drop versus the same period last year, but a glimmer of hope for its core ride-hailing business with monthly rides increasing 78% in July, as compared to April. 

Here’s how the company did versus Wall Street expectations for the period ending June 30, 2020:

  • Loss per share: 86 cents, adjusted vs. an expected 99 cents, adjusted, according to analysts surveyed by Refinitiv.
  • Revenue: $339 million, vs. $337…



Source cnbc.com

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