tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Lyft sees Q1 adjusted EBITDA $90M-$95M

Sees Q1 Rides growth in the mid-teens year over year driven by industry-leading service levels and strong rider and driver growth and engagement. Sees Q1 Gross Bookings growth of approximately 10% to 14% year over year, or approximately $4.05 billion to $4.20 billion, amidst the recent pricing environment in the U.S. market. Sees Q1 Adjusted EBITDA of approximately $90 million to $95 million and an Adjusted EBITDA margin of approximately 2.2% to 2.3%.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1