Ride-hailing platform Lyft announced its earnings for Q3 2021 after the bell on Tuesday, reporting a 73% increase in year-over-year revenue and a 13% gain on last quarter’s revenue, while recording a profitable adjusted earnings before interest, taxes, depreciation and amortization for a second consecutive quarter. Q2 and Q3 2021 are the first adjusted-EBITDA-profitable quarters for Lyft.
Adjusted EBITDA for Q3 2021 exceeded Lyft’s outlook, coming in at $67.3 million, up from losses of $239.7...
https://www.freightwaves.com/news/lyft-turns-in-2nd-consecutive-ebitda-profitable-quarter