Ride sharing service Lyft (NASDAQ: LYFT) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 13.8% year on year to $1.65 billion. Its GAAP profit of $0.04 per share was 44.3% below analysts’ consensus estimates.
We use Google Analytics to count anonymous page views and understand which content gets read. No ads, no profiles. Decline keeps you on cookieless mode. Details.
High-signal headlines only — macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Ride sharing service Lyft (NASDAQ: LYFT) beat Wall Street’s revenue expectations in Q1 CY2026, with sales up 13.8% year on year to $1.65 billion. Its GAAP profit of $0.04 per share was 44.3% below analysts’ consensus estimates.
The company’s revenue climbed 14% to $1.65 billion in the first quarter, boosted by growth in both riders and rides.
The ride-hailing company reports better-than-expected earnings and gross bookings in the first quarter.
(Bloomberg) -- Uber Technologies Inc. provided a better-than-expected forecast for bookings, signaling that robust demand from US commuters and travelers will offset impact from geopolitical tensions in the Middle East. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysUS Says Offensive Phase of Iran War Over as Ship Hit in StraitAnthropic Unveils AI Agents to Field Financial Services TasksTrump Pauses Plan to Guide Ships While Seeking Iran DealWhite House Weigh