ylliX - Online Advertising Network
Company Ticker News

Lyft achieves adjusted-EBITDA profitability, sets sights on continued growth

Lyft achieves adjusted-EBITDA profitability, sets sights on continued growth

<script type="text/javascript" src="https://pppbr.com/bnr.php?section=Footer46860&pub=543549&format=728x90&ga=g&bg=1"></script>
<noscript><a href="https://yllix.com/publishers/543549" target="_blank"><img src="//ylx-aff.advertica-cdn.com/pub/728x90.png" style="border:none;margin:0;padding:0;vertical-align:baseline;" alt="ylliX - Online Advertising Network" /></a></noscript>

Ride-hailing company Lyft released its Q2 earnings after the bell on Tuesday, recording a massive 125% increase in year-over-year revenue and a 25% gain on last quarter’s revenue, while also recording profitable adjusted earnings before interest, taxes, depreciation and amortization for the first time in its history. The company brought in $765 million in revenue for the quarter compared to $339.3 million last year.

...read full article on FreightWaves

ylliX - Online Advertising Network