gross bookings News

Lyft Shares Soar 20% Following Announcement of Expanded Buyback and Stellar Q1 Performance

Lyft's stock jumped 20% after announcing an expanded buyback plan and surpassing Q1 gross bookings expectations with $4.16 billion, marking 16 straight quarters of growth. CEO Davi...

Uber Surpasses $11.5B in Q1 Revenue Despite Falling Short of Analyst Expectations

Uber Technologies Inc. reported a 14% increase in Q1 revenue to $11.5 billion, missing analyst forecasts but turning a net loss into a $1.7 billion profit. Gross bookings and trips...

Uber Surprises with $11.5B Q1 Revenue, Yet Falls Short of Analyst Expectations

Uber Technologies Inc. reported a 14% increase in Q1 revenue to $11.5 billion, falling short of forecasts. Net income improved to $1.7 billion from a loss, with EPS at $0.83. Gross...

Uber Surpasses $11.5B in Q1 Revenue Despite Falling Short of Analyst Expectations

Uber Technologies Inc. reports a 14% increase in Q1 revenue to $11.5B, though below forecasts, with a net income of $1.7B. The company sees growth in gross bookings and trips, with...

Uber Surpasses $11.5B in Q1 Revenue Despite Falling Short of Forecasts

Uber Technologies Inc. announced a 14% year-over-year revenue increase to $11.5 billion in Q1 2025, though it fell short of forecasts. Net income surged to $1.7 billion from a loss...

Lyft Achieves 27% Revenue Growth in Q4 2024, Reaching $1.6 Billion

Lyft Inc. reported a 27% increase in Q4 2024 revenue, reaching $1.6 billion, with a net income of $61.7 million. The company also saw significant annual growth, with a 31% revenue ...

Lyft Achieves a Stunning 27% Revenue Growth in Q4 2024, Reaching $1.6 Billion

Lyft Inc. reports a 27% revenue increase in Q4 2024, reaching $1.6 billion, with a net income of $61.7 million. The company also highlights a 31% revenue growth for the full year, ...