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Lyft turns EBITDA profitable for the first time in Q2

Lyft turns EBITDA profitable for the first time in Q2

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Lyft Inc. (NASDAQ: LYFT) said on Tuesday it turned EBITDA profitable in the fiscal second quarter for the first time since it went public. The Uber rival saw a sharp increase in riders and reported better-than-expected results for the fiscal Q2.

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