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Lyft Posts Muted First-Quarter Bookings and Profit Outlook

Lyft Inc. issued a disappointing first-quarter gross bookings outlook, following a similarly muted forecast from rival Uber Technologies Inc. citing impact from the extreme winter weather and LA wildfires.

Reuters on MSN · 30m

Lyft's first-quarter bookings forecast pressured by fierce competition with Uber

Lyft forecast current-quarter gross bookings below estimates on Tuesday, as its jostles for more riders with larger rival Uber Technologies , while wildfires and extreme weather events disrupted its business in some key markets.

Seeking Alpha · 1h

Lyft upbeat Q4 results overshadowed by light Q1 bookings outlook

Record bookings and a double-digit gain in active riders drove Lyft (NASDAQ:LYFT) to a profit in the fourth quarter, surpassing Wall Street’s expectations, although shares have come under heavy selling pressure in after-hours as Wall Street reacted to soft Q1 guidance that included a miss on gross bookings.

12mon MSN

Lyft shares sink on Q1 guidance

NASA released views of several angles of SpaceX Starship’s second test flight. The massive rocket launched from SpaceX's ...

40mon MSN

Lyft rolls out buyback, but outlook for key demand metric comes up short

Ride-hailing platform Lyft Inc. on Tuesday rolled out a new buyback program, but its forecast for a key demand metric came in ...

Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas

Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, ...

Lyft Is About to Report Q4 Earnings Tomorrow. Here’s What to Expect

Ride-sharing company Lyft Inc. (LYFT) is scheduled to announce its results for the fourth quarter of 2024 after the market ...

Lyft Q4 Earnings Preview: Streak Of Revenue, EPS Beats On The Line After Rival Uber's Strong Fourth Quarter

Lyft reports fourth-quarter financial results after market close Tuesday. The report comes after Uber's recent results.

Lyft to roll out Mobileye powered-robotaxis 'as soon as 2026'

U.S. ride-hailing firm Lyft plans to launch "as soon as 2026" fully autonomous robotaxis in Dallas, powered by Mobileye's ...

48m

Lyft reports Q4 revenue $1.55B, consensus $1.54B

Reports Gross Bookings of $4.3 billion, up 15% year over year. Reports net income of $61.7 million compared to net loss $(26.3) million in ...

Hosted on MSN5h

Lyft Aims to Launch Robotaxis in Dallas by 2026

Lyft has announced plans to launch a robotaxi service in Dallas "as soon as 2026." The ride-hailing company will use Intel’s ...

47m

Lyft Logs Increases 4Q Ridership, Revenue

Lyft logged a jump in fourth-quarter revenue as more people used the ride-sharing app. The company posted a quarterly profit of $61.7 million compared with a loss of $26.3 million a year ago. Analysts ...

2hon MSN

500-lb. rapper suing Lyft over ride denial asks for couch over chair at ‘Breakfast Club’ interview: ‘This is what I’m talking about’

The 500-pound rapper who is suing Lyft after she allegedly was denied a ride due to her weight requested a couch instead of the chair that had been provided when she sat down for an interview with ...

10h

Lyft Stock Soars on Mobileye Robotaxi Deal Ahead of Q4 Earnings

Ride-hailing platform Lyft (LYFT) has partnered with Mobileye (MBLY), an autonomous driving technology provider, to launch ...

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