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4q20 had a revenue of 569.9 million US dollars and a net loss less than expected From Lift

The following is the 4q20 had a revenue of 569.9 million US dollars and a net loss less than expected From Lift recommended by recordtrend.com. And this article belongs to the classification: Enterprise financial report, sharing economy, Investment & Economy, Online car Hailing.

On February 10, 2021, after the U.S. stock market closed on Tuesday, the U.S. online car Hailing company LYFT released its fourth quarter financial report of last year. It showed that LYFT had a loss of 58 cents per share in the fourth quarter, and the market expected a loss of 72 cents; its revenue was 569.9 million U.S. dollars, and the market expected 561.2 million U.S. dollars.

LYFT said that in the fourth quarter, the number of active passengers was 12.55 million, which was expected to be 13.2 million; the revenue per active passenger was $45.40, which was expected to be $42.20. The company’s revenue and passenger numbers in the four quarter increased from 499 million 700 thousand and 12 million 510 thousand in the previous quarter, indicating that the company is continuing to recover from COVID-19’s headwinds. But there is still a big drop compared with the same period last year. LYFT’s annual revenue was $2.4 billion last year, compared with $3.6 billion in 2019.

LYFT shares surged 6% after the earnings report. The company closed up 0.43% at $53.64 on Tuesday.

Via financial network

Read more: Lyft:1Q20 LYFT: 2q20 revenue was $339.3 million, net loss narrowed year on year Report – S-1 Sina Technology: comparison of safety functions of online car hailing in 2019 Airpods increased by 21% year on year Beijing News survey: two thirds of respondents said that online car Hailing must be equipped with video equipment. Figure 1: understand the detailed rules of local online car Hailing draft information map Aurora big data: February 2018 online car Hailing app Research Report (with download) CNNIC: the scale of online car Hailing users is growing rapidly, sharing travel has entered a period of standardized development. Is Uber the combination of didi and meituan? Online car hailing in the United States: 24% – 43% of the population use this service

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