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Home News Lyft reports Q1 revenue of $609M, up 7% QoQ and down 36%...

Lyft reports Q1 revenue of $609M, up 7% QoQ and down 36% YoY, vs $558.7M est., active riders of 13.49M vs 12.8M est., and net loss of $427M, up from $398M YoY (Jessica Bursztynsky/CNBC)

lyft q1 yoybursztynskycnbc 609m qoq yoy, Jessica Bursztynsky / CNBC:Lyft stories Q1 income of $609M, up 7% QoQ and down 36% YoY, vs $558.7M est., energetic riders of 13.49M vs 12.8M est., and web lack of $427M, up from $398M YoY- Trip-hailing firm Lyft beat on the highest and backside traces and exceeded Wall Road’s rider expectations for its first quarter.

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