Lyft shares went into reverse in after-hours trading on Thursday after the ride-share company posted an earnings miss while revenue outperformed expectations for the first quarter.  For the quarter
Lyft Inc. on Thursday reported first-quarter results that beat expectations, but a forecast that fell just shy of analyst estimates.

It's Over for Lyft -- Uber Wins in Ride-Sharing

08:30am, Thursday, 04'th May 2023
Ride-sharing looks like a winner-take-all market, and Uber is winning big.
Tom White, D.A. Davidson Senior Research Analyst, discusses his expectations for Uber's earnings report.
RBC Capital Markets Equity Analyst Brad Erickson joins Yahoo Finance Live anchors to discuss the outlook for ride-hailing companies Lyft and Uber.

3 Growth Stocks to Watch This Week

04:05pm, Tuesday, 02'nd May 2023
Who doesn't enjoy earnings season? The period is undeniably hectic for market participants, but that's just the nature of the game.
Even before he joined Lyft's board in 2021, David Risher had taken hundreds of trips as a passenger so he felt like he knew a lot about the ride-hailing service. But he never expected to be thrust int
Lyft Inc's revenue growth is likely to lag bigger rival Uber Technologies Inc for the sixth straight quarter, with Wall Street eagerly looking forward to a turnaround plan from its new CEO David Rishe
Lyft's new CEO David Risher announced another change for the ride-share company: Workers will soon have to return to the office.
E-scooters have popped up in metro areas around the world, but many of the ride-share companies behind them are struggling.

Lyft names Kristin Sverchek president

05:14pm, Thursday, 27'th Apr 2023
Lyft Inc. on Thursday named a new president to replace John Zimmer after a shakeup at the ride-hailing company that saw co-founders Zimmer and Logan Green, who was chief executive, replaced last month

Lyft Cuts Quarter of Staff to Drive Down Costs

03:36pm, Thursday, 27'th Apr 2023
Lyft will reduce its staff by 26% as the rideshare service looks to bring down costs.
More than 136,000 employees were laid off by major U.S. companies in the first quarter of 2023.
Companies are now being rewarded for cutting back on costs and improving efficiency. Unfortunately, for many workers, that means layoffs.

Lyft layoffs to affect 26% of workforce

01:51pm, Thursday, 27'th Apr 2023
Lyft said Thursday it will cut 26% of its workforce, or about 1,072 people, as part of a restructuring plan aimed at rebuilding its core ride-hailing product and boosting profits. The company also sai
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