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Lyft board in New York, USA, Tuesday, February 6, 2024 in a vehicle.
Shelby Knowles | Bloomberg | Getty pictures
Litt The company jumped 7% after increasing the company’s share purchase plan to $ 750 million First quarter earnings report.
Shares were higher than 10% profits.
Here’s how Ridesharing did:
Revenues increased by 14% to $ 1.45 billion a year ago. The company reported a net income of $ 2.57 million or 1 percent per share. This is above a net loss of $ 31.54 million per share one year ago.
Rides jumped up to 16%, 218.4 million during the period and an estimate of a 215.1 million incident. Active horsemen increased by 11% to 24.2 million, and total reservations were slightly from 13% to $ 4.16 billion and a little ahead.
CEO David Risher, in a quarter, the company’s gross reservation of the company is the 16th straight period of two digits during the year, he said. The Ridesharing Foundation spilled over 80% worth it since In March 2019, trade debut.
“Lyft is silver and Europe, we put all the pieces to the new demographic by gaining a planned freeowe, we put all the pieces on the market for marketing performance,” he said.
Lyft for the second quarter, a year ago he said he was waiting for a walk in the middle age. General reservations are expected to range from $ 4.41 billion to $ 4.57 billion. In fact, analysts predicted that the total order would be $ 4.48 billion.
Lyft, $ 280.7 million in the first quarter, this made $ 136.3 million worth of $ 136.3 million.
Lyft last month announced that it was expanding to Europe in a way Getting $ 200 million Freeenow from the taxi application of Germany.
Lyft shares in the past five years