Lyft (LYFT) Q1 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 As a reminder, this conference call is being recorded. I would now like to turn the conference over to Arlen Nolfe, VP, FP and A and Investor Relations. Please go ahead. Speaker1 Thank you. Welcome to the Lyft earnings call for the first quarter twenty twenty five. On the call today, we have our CEO, David Recher and our CFO, Erinn Brewer. Starting with this call and going forward, our full prepared remarks will be available on the IR websi ...

May 8, 2025 Q1 Fiscal 2025 Earnings Supplemental Data Gross profit is defined as revenue less cost of revenue. Gross margin is defined as gross profit divided by revenue for the same period. This presentation and the accompanying oral presentation also contain statistical data, estimates and forecasts that are based on independent industry publications or other publicly available information, as well as other information based on our internal sources. This information involves many assumptions and limitatio ...

Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025.Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.Shares were as high as 10% post-earnings.Here's how the ridesharing company did:Earnings: 1 cent per shareRevenue: $1.45 billion vs. $1.47 billion estimate from LSEGRevenues grew 14% from a year ago to $1.45 billion. The company reported net income of $2.57 million, or 1 cent per share. That's up from a n ...

Exhibit 99.1 Lyft Reports Strong Q1 2025 Financial Results Strongest start to the year ever with record Q1 Gross Bookings and Active Riders growth accelerating Cash flow generation approaching $1 billion for the trailing twelve months Increasing share repurchase program to $750 million SAN FRANCISCO, CA, May 8, 2025 - Lyft, Inc. (Nasdaq:LYFT) today announced strong financial results for the first quarter ended March 31, 2025. "Q1 marked Lyft's 16th consecutive quarter of double-digit year on year Gross Book ...

About Kodiak Robotics, Inc. Kodiak Robotics, Inc. was founded in 2018 and has become a leader in autonomous ground transportation committed to a safer and more efficient future for all. The company has developed an artificial intelligence (AI) powered technology stack purpose-built for commercial trucking and the public sector. The company delivers freight daily for its customers across the southern United States using its autonomous technology. In 2024, Kodiak became the first known company to publicly ann ...

Lyft (LYFT) ended the recent trading session at $12.40, demonstrating a -1.12% swing from the preceding day's closing price. This change lagged the S&P 500's daily gain of 0.15%. Elsewhere, the Dow gained 0.35%, while the tech-heavy Nasdaq lost 0.09%.The the stock of ride-hailing company has risen by 2.53% in the past month, leading the Computer and Technology sector's gain of 1.15% and the S&P 500's loss of 0.21%.Investors will be eagerly watching for the performance of Lyft in its upcoming earnings disclo ...

Engine Capital, a special situations fund that invested in Lyft in 2024 and has about a 1% stake in the company, said Tuesday (April 29) that it aims to elect two candidates to the rideshare company’s board of directors and address Lyft’s “governance and capital allocation shortcomings.”In a Tuesday press release, Engine Capital said it believes Lyft should implement a $750 million accelerated share repurchase program, eliminate the dual class share structure and de-stagger the board.Engine Capital said in ...

Lyft found that surge pricing is “deeply unpopular” with customers, CEO David Risher said in his annual letter to shareholders, released Thursday (April 24).Surge pricing, which the rideshare company calls Prime Time or PT, balances supply and demand by raising prices when demand is high, thereby incentivizing more drivers to get online, according to the letter.The company knew this was unpopular with customers, but the issue was clarified when Risher hit the road as a Lyft driver, as he does every six week ...

Lyft is set to start rolling out a feature that will let riders opt in to be matched with a licensed taxi when that vehicle can get there faster than a rideshare one.The company will launch this feature in St. Louis on May 5, Bloomberg reported Thursday (April 24), saying the rideshare company confirmed this plan after the feature was discovered within the code of its mobile app.“We’re always exploring new ways to help riders get to the people and places they love,” the company said, per the report. “We’re ...

Lyft TodayLYFTLyft$11.43 +0.43 (+3.88%) 52-Week Range$8.93▼$19.07P/E Ratio190.45Price Target$16.45Add to WatchlistWhen you think of ride-hailing, Uber Technologies Inc. NYSE: UBER likely comes to mind, followed by the distant second player in the duopoly, Lyft Inc. NASDAQ: LYFT. The ride-hailing/rideshare market is a two-horse race. There's Uber and Lyft, and then everyone else. It’s not a very close race either, as Uber controls a 76% market share in the United States. However, Lyft is taking a page out o ...