Earnings: Lyft swings to profit in Q1 FY25 as booking and rider growth accelerates
Lyft, Inc. (NASDAQ: LYFT) reported a profit for the first quarter of 2025, compared to a loss last year, as the ride-hailing company’s gross bookings and rider base grew at a faster pace. The company reported net income of $2.57 million or $0.01 per share for the first three months of fiscal 2025, compared to … Read more
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