- Company News: Lyft (LYFT) posts smaller-than-expected quarterly loss
Notícias do Mercado
31 outubro 2019
Company News: Lyft (LYFT) posts smaller-than-expected quarterly loss
Lyft (LYFT) reported Q3 FY 2019 loss of $0.41 per share, better than analysts’ consensus estimate of -$0.73.
The company’s quarterly revenues amounted to $0.956 bln (+63.4% y/y), beating analysts’ consensus estimate of $0.915 bln.
The company also issued upside guidance for Q4 FY 2019, projecting revenues of $0.975-0.985 bln versus analysts’ consensus estimate of $0.943 bln.
LYFT rose to $45.85 (+3.94%) in pre-market trading.
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