Lyft Stock Eases After Jumping 60% on Typo
Ride-hailing app Lyft said fourth-quarter gross bookings grew 17% year over year, while revenue rose 4%.
Source: marketwatch.com
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Lyft shares rocket 60% then level to 17% on margin correction, stock still up
Lyft's stock surged 67 percent but later corrected after misstated margin prediction due to clerical error; Lyft expects adjusted EBITDA to range between $50 million and $55 million in Q1.
Source: livemint.com
Lyft, Inc. (NASDAQ:LYFT) Q4 2023 Earnings Call Transcript
Lyft, Inc. (NASDAQ:LYFT) Q4 2023 Earnings Call Transcript February 13, 2024 Lyft, Inc. beats earnings expectations. Reported EPS is $0.18, expectations were $0.08. Lyft, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good afternoon, and welcome to the Lyft […]
Source: yahoo.com
Lyft CEO takes blame for 'extra zero that slipped' into earnings release
Lyft CEO David Risher took responsibility for the major error that appeared in the company's fourth-quarter earnings release late Tuesday, telling CNBC's…
Source: biztoc.com
Lyft's Risher Says 'My Bad' on Margin Error, 'It Was One Zero'
(Bloomberg) -- Lyft Inc. Chief Executive Officer David Risher’s response to a clerical error that unintentionally inflated the company’s earnings outlook on Tuesday and sent shares soaring: “My bad.”Most Read from BloombergThe Brutal Reality of Plunging Office Values Is HereWall Street Regains Footing After CPI-Fueled Rout: Markets WrapMusk Says Putin Can’t Lose in Ukraine, Opposes Senate BillDemocrat Suozzi Wins Back NY House Seat Vacated by SantosA ‘Clerical Error’ in Lyft Outlook Triggered 67
Source: yahoo.com