Lyft's weak adjusted core profit forecast, surprise 2025 loss send shares tumbling
Entertainment
Feb 10 : Lyft forecast first-quarter adjusted core profit below expectations on Tuesday, hit by severe U.S. winter weather, seasonal cost pressures, and posted a surprise operating loss for 2025, sending its shares down 16 per cent in after-hours trading. The forecast marks a setback for the ride-hailing provider's comeback, fueled by a year of improving bookings growth, higher margins and expansion into new regions, and also overshadows a $1 billion share repurchase program. The weaker
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