Lyft said revenue increased 70% in the fourth quarter, as longer trips and higher fares offset weaker-than-expected ridership numbers
Lyft Inc. said revenue increased 70% in the fourth quarter, as longer trips and higher fares offset weaker-than-expected ridership numbers. The San Francisco-based company reported $969.9 million in revenue for the three months through December, beating the $941 million FactSet consensus.
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