Lyft revenue surprises with 23% rise, 'on path to profitability' despite coronavirus

Lyft revenue surprises with 23% rise, 'on path to profitability' despite coronavirus

4 years ago
Anonymous $pSba0tWIcA

https://www.reuters.com/article/us-lyft-results/lyft-revenue-surprises-with-23-rise-on-path-to-profitability-despite-coronavirus-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 revenue surprises with 23% rise, 'on path to profitability' despite coronavirus

May 6, 2020, 8:49pm UTC
https://www.reuters.com/article/us-lyft-results/lyft-revenue-surprises-with-23-rise-on-path-to-profitability-despite-coronavirus-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.