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Lyft shares rally 14% after it reports Q1 revenue growth of 23% to $955.7M

Lyft shares rally 14% after it reports Q1 revenue growth of 23% to $955.7M

FromTechCrunch Industry News


Lyft shares rally 14% after it reports Q1 revenue growth of 23% to $955.7M

FromTechCrunch Industry News

ratings:
Length:
4 minutes
Released:
May 8, 2020
Format:
Podcast episode

Description

Fresh off of a large round of layoffs, Lyft reported its Q1 results this afternoon. The ride-hailing company disclosed that it generated revenue of $955.7 million in the first three months of 2020, up 23% from its year-ago Q1 revenue result of $776 million. The company’s net loss of $398.1 million was also an improvement […]
Released:
May 8, 2020
Format:
Podcast episode

Titles in the series (100)

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