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Lyft Stock Breaks Out After Earnings Beat

10:16am, Wednesday, 14'th Feb 2024
The shares of LYFT Inc (NASDAQ:LYFT) are trading at their highest level since Dec. 18 this morning, last seen 30.4% higher to trade at $15.82 following a better-than-expected fourth quarter report fr
Margin growth may not be surging tenfold in 2024, but the outlook on riding-hailing firm Lyft Inc (NASDAQ:LYFT) is rosy regardless. The US-listed mid cap erroneously reported a forecasted gross margin
Lyft CEO David Risher joins 'Squawk Box' to discuss the company's quarterly earnings results, how the error was made in its earnings report, the Taylor Swift effect, consumer demand, and more.
Lyft's rides to stadiums rose 35% year-over-year, driven by events including Taylor Swift and Beyoncé concerts.
The company said it had made a major error in a press release reporting its latest results, but nonetheless outperformed analyst estimates.
Lyft says differentiated offerings on its app helped drive its annual ridership to the highest level in the company's history. For full-year 2023, the rideshare platform had more than 40 million acti
Lyft (LYFT) shares, which initially skyrocketed following a reporting error by the ride-hailing company, settled nearly 16% higher in after-hours trading on Tuesday as fourth-quarter earnings and firs

Lyft (LYFT) Q4 2023 Earnings Call Transcript

08:57pm, Tuesday, 13'th Feb 2024
Lyft (LYFT) Q4 2023 Earnings Call Transcript
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy.
Lyft shares jumped as much as 66% in after-hours trading Tuesday after a typo in its latest earnings report suggested one measure of the company's profitability could greatly increase this year—thou
Lyft (LYFT) is the biggest winner after Tuesday's close, +60% on strong quarterly numbers.
Lyft (LYFT) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to loss of $0.75 per share a year ago.
Rides to stadiums for music tours and sports events grew more than 35% in 2023 as company underwent an aggressive restructure
Lyft's fourth quarter results got a boost from increased ridership. The ridesharing company reported 190.8 million rides in the quarter, topping the estimates 183.97 million.
Ride-hailing firm Lyft (NASDAQ: LYFT ) saw its shares surge 62% in after-market trading, following its Q4 earnings announcement on Tuesday, Feb. 13. The San Francisco-based company surprised markets w
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