Lyft CEO David Risher on Q3 results: Customer obsession drives profitable growth
Lyft CEO David Risher joins 'Squawk Box' to discuss the company's quarterly earnings results, stronger-than-expected fourth-quarter outlook, pricing strategies, strength of the consumer, autonomous partnerships, and more.
Lyft: Proving That Rideshare Is A 2-Player Market In The U.S.
Lyft's Q3 earnings exceeded expectations, with 32% y/y revenue growth to $1.52 billion and 16% y/y gross bookings growth. Shares jumped ~20% in response. Importantly, the company is also guiding to potential acceleration in bookings in Q4, stoking additional enthusiasm for the stock. Its bookings strength is also coming amid cuts to promotional spending. The company struck a new partnership with DoorDash to provide rideshare discounts to DashPass subs, and also signed deals to roll out autonomous rideshare next year.
Lyft Stock Surges After Sales Beat. Its Mobileye Self-Driving Partnership Also Helps.
The ride-hailing company posted third-quarter sales of $1.52 billion, above estimates of $1.44 billion.
Lyft, Inc. (LYFT) Q3 2024 Earnings Call Transcript
Lyft, Inc. (LYFT) Q3 2024 Earnings Call Transcript
Lyft Stock Speeds Up on Narrower-Than-Expected Loss, Raised Outlook
Lyft (LYFT) shares soared over 20% in extended trading Wednesday after the company reported better-than-expected quarterly results and raised its outlook.
Lyft's New Pacts Are the Mobility Industry's Latest Autonomy Moves
Lyft (LYFT) has joined rideshare rival Uber (UBER) in signing a number of partnerships with autonomous driving software makers to bring "robotaxis" to its platform.
Lyft jumps over 20% after issuing strong guidance
CNBC's Deirdre Bosa joins 'Closing Bell Overtime' to talk Lyft earnings.
Lyft shares jump on results and autonomous-vehicle partnership
Lyft reported third-quarter sales that beat expectations while offering an upbeat demand forecast, after the ride-hailing platform earlier in the day announced an autonomous-vehicle partnership with Mobileye Global Inc.
Lyft forecasts upbeat fourth-quarter bookings on strong demand from weekday commuters
Lyft forecast current-quarter gross bookings above estimates after beating September-quarter sales on Wednesday as more people return to offices, indicating steady demand for ride-hailing services.
Lyft ($LYFT) and Mobileye ($MBLY) Team Up to Enable Autonomous Mobility at Scale
Lyft (NASDAQ: LYFT) and Mobileye (NASDAQ: MBLY) have announced a partnership to advance the widespread commercialization of autonomous vehicle (AV) services. Mobileye will provide its AV technology, integrated into vehicles by specialized manufacturers, to enable large-scale deployment by fleet operators and transportation providers.
Lyft Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Lyft, Inc. LYFT will release earnings results for its third quarter, after the closing bell on Wednesday, Nov. 6.
Lyft inks deals with Mobileye, others to bring robotaxis to ridehail platform
Lyft said on Wednesday it will partner with Mobileye and two other companies in the robotaxi industry to bring self-driving cars onto its ridehail platform and bolster research and development in the sector.
