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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Lyft's storm-hit outlook, 2025 surprise operating loss send shares tumbling https://www.channelnewsasia.com/ - 10.02.2026 23:46