Lyft (LYFT) reported Q4 FY 2020 loss of $0.58 per share (versus -$1.19 per share in Q4 FY 2019), better than analysts’ consensus estimate of -$0.68 per share.
The company’s quarterly revenues amounted to $0.570 bln (-44.0% y/y), beating analysts’ consensus estimate of $0.561 bln.
LYFT rose to $60.00 (+11.86%) in pre-market trading.