Reported 2 months ago
Lyft's recent earnings report revealed its first-ever quarterly profit, but the company missed on second-quarter bookings and third-quarter guidance, resulting in a drop in stock prices. CEO David Risher emphasized the company's focus on long-term commitments and reiterated its full-year guidance, asserting that building trust with investors is crucial, even if it sometimes leads to short-term frustrations.
Source: YAHOO