Lyft Says After Almost Ten Years In Business They Are Improving. 1Q 2021 Report A $427 Million Dollar Loss
Editor s Note, I don t get it Lyft does not own cars or drive or have garages so how can they continue to loose their investor s money.gee I wish we had that luxury. I ll bet that real taxi companies don t loose money.more wall street bullshit.maybe this business model is a bad idea, like the Emperors New Clothes
SAN FRANCISCO Lyft, Inc. today announced financial results for its first quarter ended March 31, 2021. “The improvements we’ve made over the last year are paying off - we’ve built a much stronger business. As the recovery continues, we are confident that we will be able to deliver strong financial results” said
Operator
Good afternoon and welcome to the Lyft First Quarter 2021 Earnings Call. [Operator Instructions] As a reminder, this conference call is being recorded.
I would now like to turn the conference over to Sonya Banerjee, Head of Investor Relations. You may begin.
Sonya Banerjee
Head of Investor Relations
Thank you. Good afternoon and welcome to the Lyft earnings call for the quarter ended March 31, 2021. Joining me today to discuss Lyft s results and key business initiatives are our Co-Founder and CEO, Logan Green; Co-founder and President, John Zimmer; and Chief Financial Officer, Brian Roberts. A recording of this conference call will be available on our Investor Relations website at investor.lyft.com shortly after this call has ended.