Lyft stock soared Thursday after reporting better-than-expected sales for the third quarter and earnings in-line with estimates.

Lyft stock soared more than 25% as the company’s turnaround plan pushed ridership to an all-time high during the third quarter.

Lyft shares climbed after the company reported upbeat Q3. Analysts raised price targets on better bookings guidance.

Lyft's Q3 earnings exceeded expectations, with 32% y/y revenue growth to $1.52B & 16% y/y gross bookings growth. Read why I ...

Operator Good afternoon, and welcome to the Lyft third quarter 2024 earnings call. At this time, all participants are in a listen-only mode to prevent any background noise. Later, we will conduct a ...

For the quarter that ended on Sept. 30, Lyft reported an adjusted loss per share of three cents, the same as it did in the ...

Lyft reported a net loss of $12.4 million, or 3 cents a share, compared with $12.1 million, or 3 cents a share, in the same quarter last year. The per-share figure was in line GAAP estimates from ...

Lyft raised its outlook after reporting double-digit gains in ridership and revenue in its latest quarterly results. The ride-sharing company said gross bookings rose 16% to $4.12 billion as the app’s ...

Verrett on Wednesday told the New York Times that the victory was “a monumental step forward” for gig workers — such as ...

Verrett said labor laws in the country aren’t written to consider gig workers — such as drivers for Uber, Lyft, DoorDash or ...

Near the end of Trump’s presidential term, his Labor Department issued a regulation for determining whether a worker is an employee or an independent contractor that was widely viewed as favorable to ...

The delivery company’s total number of orders in the third quarter jumped 18% compared with last year. DoorDash expects ...