CEO David Risher credited the company’s “customer obsession” for a strong quarter, but it's focusing on its drivers, too.
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San Francisco ride-hail company Lyft has entered the robotaxi fray, with plans to offer self-driving car services in Dallas, Texas, next year, according to CEO David Risher. Although Lyft has pledged ...
The company forecasts 10% to 14% bookings growth for the current quarter, down from 15% growth in the latest quarter and 16% growth in the one before that. One issue for Lyft (LYFT) is a downturn in ...
Pretty soon, you'll be able to get a lift without a Lyft driver. Lyft has announced it will start using autonomous vehicles.
Lyft shares shed more than 9% after the ride-sharing app reported lackluster fourth-quarter results and weak bookings ...
Lyft CEO David Risher joins 'Squawk Box' to discuss the company's quarterly earnings results, 2025 outlook, impact of losing ...
Lyft Inc (NASDAQ:LYFT) shares are trading lower Wednesday after the company reported fourth-quarter financial results. Multiple analysts also lowered price targets following the print.
Bank of America (BofA) has raised its price target for U.S.-based Lyft (LYFT), highlighting the ride-hailing company’s ...
After a year in which executives said Lyft's revenue reached a new high and its market share increased, the company during a ...
Lyft reported the results as it starts to produce positive free cash flow and as it tries to improve profitability. Rides, active riders and service speeds improved during the quarter.
Lyft Media is projected to grow, targeting an annualized revenue run rate of $100 million by the end of 2025. Gross bookings for Q4 2024 were $4.28 billion, reflecting 15% year-over-year growth.
While Lyft shares may have fallen on the earnings per share miss, the company’s figures are a positive turnaround from what ...
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