Lyft sees rider demand rebound in late April, 'on path to profitability'

Lyft sees rider demand rebound in late April, 'on path to profitability'

4 years ago
Anonymous $pSba0tWIcA

https://www.reuters.com/article/us-lyft-results/lyft-sees-rider-demand-rebound-in-late-april-on-path-to-profitability-idUSKBN22I30N

Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as the U.S. coronavirus lockdown batters the economy.

Lyft sees rider demand rebound in late April, 'on path to profitability'

May 6, 2020, 9:37pm UTC
https://www.reuters.com/article/us-lyft-results/lyft-sees-rider-demand-rebound-in-late-april-on-path-to-profitability-idUSKBN22I30N >Lyft Inc on Wednesday surprised investors with higher-than-expected revenue and the ride-hailing company vowed further cost cuts to become profitable as the U.S. coronavirus lockdown batters the economy.