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Lyft CEO David Risher talked with TIME about his first year in the job and his vision for the future.
Image source: The Motley Fool. Lyft (NASDAQ: LYFT) Q3 2024 Earnings Call Nov 06, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call ...
But Lyft's guidance caught a few on the Street off guard following an upbeat investor day in early June. The company guided to third quarter gross bookings growth of 13% to 15%.
That was what Lyft CEO David Risher told Bloomberg in a Wednesday TV interview. “First of all, it’s on me," Risher said, adding that it was a "bad error" but also "one zero in a press release."
Lyft continues to deliver solid growth, with gross bookings up 16% in the quarter, driving revenue up 32% to $1.52 billion. This beat estimates at $1.44 billion, as the company deployed incentives ...
Lyft CEO David Risher has embarked on an aggressive plan to make the ride-hailing service profitable and take market share from Uber since taking over in mid-2023. Lyft shares, while up 74% in the ...
(Reuters) -Lyft beat estimates for quarterly profit on Tuesday and said it would generate positive free cash flow for the first time in 2024, as it benefits from cost cuts and pushes back against ...
Lyft CEO David Risher bought $1.1 million worth of company stock because the “great team” has him convinced of a bright future. Lyft’s CEO is so bullish on the ‘underdog’ company, he ...