Lyft Q1 2025 profit report

Lift The shares jumped by 7 % after the company has strengthened the stock -purchasing plan to $ 750 million in First quarter profit report.

The stocks were up to 10 % after profit.

Here is how Ridesharing did:

• Profits: 1 cent per share
• profit: $ 1.45 billion for $ 1.47 billion from LSEG

Revenue grew by 14 % for last year to $ 1.45 billion. The company told a net income of $ 2.57 million, or 1 percent per share. This increases from a net loss of $ 31.54 million, or 8 cents per share, a year ago.

Horse riding jumped by 16 % during the period to 218.4 million, and facts were issued by 215.1 million. The active contestants grew by 11 % to 24.2 million, while the total number of reservations increased by 13 % to $ 4.16 billion, and assumed an estimate of $ 4.15 billion from the street.

CEO David Recyccher said that the quarter was the sixteenth period in a row of growth in the two years, through the numbers through the total growth of the company’s reservation in issuing profits. Ridesharing stock has thrown more than 80 % since then For the first time trading in March 2019.

“By expanding the new population composition via Lyft Silver and to Europe by the acquisition of its planned Freenow, we put all the pieces in place for the continuous and pioneering performance in the market,” he said.

For the second quarter, Lift said he expected horseback growth in the middle of adolescence a year ago. The total reservations are expected to range from $ 4.41 billion to $ 4.57 billion. FactSet analysts expected the total reservation of $ 4.48 billion.

Lyft recorded $ 280.7 million in free cash flows for the first quarter, which amounted to $ 136.3 million from the street.

Last month, Lyft announced an expansion in Europe 200 million dollars acquisition The taxi application in Germany Freenow.