Lyft CEO David Risher joined Bloomberg's Ed Ludlow and Matt Miller to talk about the driving forces behind the ride-hailing service's strong quarter. The company reported a record number of unique rides and trips in the quarter and says its Price Lock feature is very popular.
Lyft CEO David Risher joined Bloomberg's Ed Ludlow and Matt Miller to talk about the driving forces behind the ride-hailing service's strong quarter. The company reported a record number of unique rides and trips in the quarter and says its Price Lock feature is very popular.
Lyft CEO David Risher discusses his plans on navigating a second Donald Trump presidency. He hopes to see federal rules that clarify the employment status of rideshare drivers and regulations around autonomous cars.
Lyft stock is rallying Thursday after the ride-sharing firm reported strong Q3 earnings and raised its full-year outlook. This is what you need to know.
Rideshare concern Lyft Inc (NASDAQ:LYFT) is seeing high options activity today, after the company reported strong third-quarter earnings and revenue and issued an upbeat current-quarter gross bookings outlook.
Shares of Lyft Inc LYFT were climbing in early trading on Thursday, after the company reported upbeat third-quarter results.
Lyft CEO David Risher on Thursday discussed consumer demand on Halloween and Election Day.
Lyft Inc. (LYFT) is racing to catch up to Uber Technologies (UBER) after an earnings beat and guidance raise thrust shares to the upside. e.l.f. Beauty (ELF) covered blemishes from its previous report with a beat and raise, while Moderna (MRNA) bounced back after slipping to the downside over the last quarter.
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'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.
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