Lyft Inc - Ordinary Shares Cls A

NASDAQ:LYFT   4:00:00 PM EDT
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Other Pre-Announcement

Lyft Inc Says Outlook For Q4 2020 Is Adjusted EBITDA Loss Of Roughly $200 Mln At Midpoint And $190 Mln At High End

Published: 12/02/2020 14:12 GMT
Lyft Inc - Ordinary Shares Cls A (LYFT) - Lyft Inc - Outlook for Q4 2020 is Adjusted EBITDA Loss of Roughly $200 Million at Midpoint and $190 Million at High End.
Lyft Inc - Co Now Expects Sequential Revenue Growth Will Be at the Lower End of the 11-15% Range in the Fourth Quarter of 2020.
Lyft Inc - Now Expects It Can Manage Its Adjusted EBITDA Loss in the Fourth Quarter of 2020 to Be Better Than $185 Million.
Lyft Inc - Anticipates Further Contribution Margin Expansion in 2021 on Sequential Basis Versus Fourth Quarter of 2020 Even Before a Full Recovery.
Lyft Inc - Co Now Expects It Can Manage Its Adjusted EBITDA Loss in Q4 of 2020 to Be Better Than $185 Million.