Lyft reports Q3 revenue of $499.7M vs. estimates of $486.6M, net loss of $460M, nearly flat YoY, active riders grew 44% QoQ to 12.5M but are still down 44% YoY (Levi Sumagaysay/MarketWatch)


Levi Sumagaysay / MarketWatch:

Lyft reports Q3 revenue of $499.7M vs. estimates of $486.6M, net loss of $460M, nearly flat YoY, active riders grew 44% QoQ to 12.5M but are still down 44% YoY  —  Although the coronavirus pandemic continued to be an issue for Lyft Inc., its third-quarter outcomes beat analysts’ expectations.

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