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05.08.2022

Company news: Lyft (LYFT) posts surprise quarterly profit

Lyft (LYFT) reported Q2 FY2022 earnings of $0.13 per share (versus -$0.05 per share in Q2 FY2021), beating analysts’ consensus estimate of -$0.04 per share.

The company’s quarterly revenues amounted to $0.991 bln (+29.5% y/y), being roughly in line with analysts’ consensus estimate of $0.988 bln.

LYFT rose to $18.80 (+8.11%) in pre-market trading.

 

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