The company said, “Consistent with the high-end of the directional Q4 outlook we provided in August, we now expect: fourth quarter revenue will grow mid-single-digits quarter-over-quarter; and as a percentage of revenue, fourth quarter Adjusted EBITDA margin will be roughly in-line with the 4% achieved in Q2 of 2023.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on LYFT:
- Why Did Lyft Stock (NASDAQ:LYFT) Fall Despite Its Q3 Earnings Beat?
- Lyft options imply 12.0% move in share price post-earnings
- Notable companies reporting after market close
- Lyft call volume above normal and directionally bullish
- UBER Earnings Preview: Wall Street Bullish Ahead of Q3 Print
Questions or Comments about the article? Write to editor@tipranks.com