Lyft reports Q2 revenue up 30% YoY to $990.7M, vs. $986.7M est., a $377.2M net loss, and active riders up 16% YoY to 19.9M, vs. 19.8M est.; the stock is up 5%+ (Jackie Davalos/Bloomberg) - TechnW3

Lyft reports Q2 revenue up 30% YoY to $990.7M, vs. $986.7M est., a $377.2M net loss, and active riders up 16% YoY to 19.9M, vs. 19.8M est.; the stock is up 5%+ (Jackie Davalos/Bloomberg) - TechnW3

Jackie Davalos / Bloomberg:
Lyft reports Q2 revenue up 30% YoY to $990.7M, vs. $986.7M est., a $377.2M net loss, and active riders up 16% YoY to 19.9M, vs. 19.8M est.; the stock is up 5%+  —  Lyft Inc. reported the highest earnings in its history, a sign that strong ridership, coupled with cost-cutting measures …

from TechnW3