However, shares fell in late trading after the company kept its timeline for hitting profitability unchanged, a week after competitor Here were the main metrics from Lyft’s report, compared to consensus estimates compiled by Bloomberg and last year’s results:For the current quarter, Lyft said it sees revenue of between $1.055 and $1.06 billion, topping consensus expectations for as much as $1.05 billion.The company sees a first-quarter adjusted EBITDA loss of between $140 million and $145 million, or about in-line with consensus expectations for $143.1 million. As Q2 Earnings Loom, Steer Clear of Range-Bound Lyft Stock Lyft stock likely will see $25 long before it sees $35 By Tezcan Gecgil , InvestorPlace …
Because we already know the quarter is going to be bad. We significantly improved our path to profitability while simultaneously reaching critical milestones toward out long-term strategy,” co-founder and CEO Logan Green said in a statement.
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