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Lyft shares flat on strong quarterly revenue but weak guidance SHARE Shares in Lyft Inc. remained flat in after-hours trading today after the ride-hailing firm reported strong quarterly growth but lower than expected guidance. For the quarter ending June 30, Lyft reported revenue of $765 million, up from $339.3 million in the second quarter of 2020 and from $609 million in the previous quarter. The improved numbers were due to growing demand amid a recovery from the COVID-19 pandemic. Adjusted earnings before interest, taxes, depreciation and amortization came in at $23.8 million, the first time Lyft has reported an EBITDA profit. Analysts had been expecting revenue of $700.73 million on an EBIDTA loss of $40.25 million.

Andy jassyBrian robertsMichael dellPat gelsingerLogan greenCube clubLyft incAmazon web servicesCube event communityLyft chief financial officer brian robertsJohn furrierDell technologiesஆண்டி ஜாஸ்ஸிபிரையன் ராபர்ட்ஸ்மைக்கேல் டெல்பேட் கெள்சிங்கேர்