Lyft, inc. announces unaudited consolidated earnings results for the quarter and nine months ended september 30, 2019; provides revenue guidance for the fourth quarter and full year 2019
Lyft, inc. announced unaudited consolidated earnings results for the quarter and nine months ended september 30, 2019. for the quarter, the company's reported revenue was $955,598,000 compared to $584,951,000 for the same period a year ago. loss from operations was $490,860,000 compared to $268,675,000 for the same period a year ago. net loss was $463,477,000 compared to $249,161,000 for the same period a year ago. basic net loss per share was $1.57 compared to $11.58 for the same period a year ago. for the nine months, the company's reported revenue was $2,598,890,000 compared to $1,487,051,000 for the same period a year ago. loss from operations was $2,320,666,000 compared to $707,688,000 for the same period a year ago. net loss was $2,246,189,000 compared to $662,403,000 for the same period a year ago. basic net loss per share was $11.05 compared to $31.72 for the same period a year ago. for the quarter, the company expects revenue to be between $975 million and $985 million. for the year, the company expects revenue to be between $3.57 billion and $3.58 billion.
