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Lyft reports Q4 revenue up 27% YoY to $1.55B, vs. $1.56B est., Q1 gross bookings forecast below est., announces a $500M buyback plan; LYFT drops 9%+ after hours (Bill Peters/MarketWatch)
Bill Peters / MarketWatch: Lyft reports Q4 revenue up 27% YoY to $1.55B, vs. $1.56B est., Q1 gross bookings forecast below est., announces a $500M buyback plan; LYFT drops 9%+ after hours — CEO says Lyft is ‘in advanced discussions’ with partners on autonomous vehicles. Board OKs stock repurchase of up to $500 million.
Bill Peters / MarketWatch:
Lyft reports Q4 revenue up 27% YoY to $1.55B, vs. $1.56B est., Q1 gross bookings forecast below est., announces a $500M buyback plan; LYFT drops 9%+ after hours — CEO says Lyft is ‘in advanced discussions’ with partners on autonomous vehicles. Board OKs stock repurchase of up to $500 million.
