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)
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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 …
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