Ride-hailing platform Lyft announced its earnings for Q4 2021 and FY2021 after the bell on Tuesday, turning in its first-ever profitable year in terms of adjusted earnings before interest, taxes, depreciation and amortization. The company reported a figure of $92.9 million after a loss of more than $750,000 in 2020.
A sizable chunk of that profit came during Q4. Adjusted EBITDA for the fourth quarter of 2021 was $74.7 million, up from losses of $150 million in Q4 2020 and topping Lyft’s...
https://www.freightwaves.com/news/lyft-reports-first-ever-full-year-adjusted-profit