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Lyft Reports Mixed Q2 Results, But Touts Optimism Ahead as Demand Rebounds

Yasin Ebrahim AiVIF.com -- Lyft (NASDAQ:LYFT) reported Thursday mixed second-quarter results as losses were wider than expected, but revenue topped expectations and the...
Lyft Reports Mixed Q2 Results, But Touts Optimism Ahead as Demand Rebounds © Reuters.

Yasin Ebrahim

AiVIF.com --  Lyft (NASDAQ:LYFT) reported Thursday mixed second-quarter results as losses were wider than expected, but revenue topped expectations and the ride-hailing company touted optimism ahead as ride-sharing activity staged a full recovery from the pandemic lull.

LYFT gained more than 1% in aftermarket hours.

For the second quarter, Lyft reported a loss of $1.08, missing estimates for a loss of $0.05 a share, but revenue of $990.8 million just topped consensus estimates of 989.3 million.

The company said that ride-sharing activity, drivers and rides had rebounded to levels not seen since the pandemic.

Active riders on its platform jumped 15.9% to 19.9 million in the second quarter compared to the same period last year, while revenue per active rider increased 11.8% year-over-year to $44.63.

The contribution margin rose to 59.6% from 59.1% in the quarter, topping the company's estimates of 56%.

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18-08-2022 00:14:43 (UTC+7)

EUR/USD

1.0166

-0.0004 (-0.04%)

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EUR/USD

1.0166

-0.0004 (-0.04%)

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GBP/USD

1.2044

-0.0049 (-0.41%)

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USD/JPY

135.40

+1.20 (+0.89%)

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↑ Buy

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AUD/USD

0.6926

-0.0096 (-1.37%)

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Buy

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USD/CAD

1.2915

+0.0070 (+0.55%)

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EUR/JPY

137.65

+1.15 (+0.85%)

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EUR/CHF

0.9689

+0.0035 (+0.36%)

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Gold Futures

1,775.60

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Silver Futures

19.718

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Copper Futures

3.5845

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Crude Oil WTI Futures

87.83

+1.30 (+1.50%)

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93.36

+1.02 (+1.10%)

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9.247

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US Coffee C Futures

218.33

-1.02 (-0.47%)

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Euro Stoxx 50

3,756.06

-49.16 (-1.29%)

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Sell

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S&P 500

4,273.80

-31.40 (-0.73%)

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DAX

13,626.71

-283.41 (-2.04%)

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FTSE 100

7,515.75

-20.31 (-0.27%)

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Neutral

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19,922.45

+91.93 (+0.46%)

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Neutral

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US Small Cap 2000

1,983.75

-36.51 (-1.81%)

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8,434.80

-77.10 (-0.91%)

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42.685

-2.065 (-4.61%)

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Neutral

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53.37

-0.93 (-1.71%)

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177.54

-2.40 (-1.33%)

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Adidas AG

169.10

-4.26 (-2.46%)

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Deutsche Lufthansa AG

6.467

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108.64

-3.40 (-3.03%)

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8.856

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 EUR/USD1.0166↑ Sell
 GBP/USD1.2044↑ Buy
 USD/JPY135.40↑ Buy
 AUD/USD0.6926Buy
 USD/CAD1.2915↑ Sell
 EUR/JPY137.65↑ Sell
 EUR/CHF0.9689↑ Sell
 Gold1,775.60↑ Sell
 Silver19.718↑ Sell
 Copper3.5845Neutral
 Crude Oil WTI87.83↑ Buy
 Brent Oil93.36↑ Buy
 Natural Gas9.247↑ Sell
 US Coffee C218.33↑ Buy
 Euro Stoxx 503,756.06Sell
 S&P 5004,273.80↑ Buy
 DAX13,626.71Sell
 FTSE 1007,515.75Neutral
 Hang Seng19,922.45Neutral
 Small Cap 20001,983.75↑ Buy
 IBEX 358,434.80Neutral
 BASF42.685Neutral
 Bayer53.37Neutral
 Allianz177.54Buy
 Adidas169.10↑ Sell
 Lufthansa6.467↑ Sell
 Siemens AG108.64↑ Sell
 Deutsche Bank AG8.856Neutral
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Cập nhật 18-08-2022 00:14:45
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$1,762.15-13.52-0.76%
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Sản phẩmVùng 1Vùng 2
RON 95-V25.34025.840
RON 95-III24.66025.150
E5 RON 92-II23.72024.190
DO 0.05S22.90023.350
DO 0,001S-V24.88025.370
Dầu hỏa 2-K23.32023.780
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WTI$87.38-0.77-0.89%
Brent$92.93-0.53-0.57%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD23.235,0023.545,00
EUR23.186,9924.485,46
GBP27.597,2628.774,17
JPY169,51179,46
KRW15,4518,83
Cập nhật lúc 18:50:59 17/08/2022
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