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Stock impact report

LYFT Q1 Earnings & Revenues Beat, Gross Bookings Rise Y/Y [Yahoo! Finance]

Lyft, Inc. - Class A (LYFT) 
Last lyft, inc. - class a earnings: 2/11 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues of $1,277.2 million also outpaced the Zacks Consensus Estimate of $1,170.1 million and improved 27.6% year over year, reflecting growth in the rideshare market. Active riders increased 12% year over year to 21.9 million. Gross bookings reported for the quarter were $3.69 billion, marking a year-over-year increase of 21%. Lyft, Inc. Price, Consensus and EPS Surprise Lyft, Inc. price-consensus-eps-surprise-chart | Lyft, Inc. Quote Lyft's adjusted EBITDA in the first quarter was $59.4 million. The figure surpassed our model estimate of $51.4 million and the adjusted EBITDA of $22.7 million in the year-ago reported figure. The adjusted EBITDA margin (calculated as the percentage of gross bookings) was 1.6%. Lyft exited the first quarter with cash and cash equivalents of $507.91 million compared with $558.63 million at the prior-quarter end. Long-term debt, net of the current portion at the end of the reported quarter, was $942.17 million compared with $839.36 million a Show less Read more
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