Lyft Shows Signs of Recovery in Q4

Patrick Hayden
By Patrick Hayden
February 11, 2021NTD Business
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Lyft says its fourth-quarter earnings are better than expected. Signs of the business’s recovery saw its stock rise more than 10 percent. CFO Brian Roberts says it could become profitable for the first time by the fourth quarter, or maybe even the third. For the full year, its revenue was $2.4 billion dollars, down from $3.6 billion dollars in 2019.

 

 

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