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Lyft’s First Results After I.P.O. Show $1.14 Billion Quarterly Loss

The ride-hailing company’s revenue nearly doubled for the quarter, while its loss was driven by a hefty charge for its stock-based compensation plan. [Source]

Publication Date:

Origin: nytimes.com

Category: Car Services and Livery Cabs

Topics: compensation, stock-based, charge, hefty, driven, while, quarter, doubled, nearly, revenue, company’s, ride-hailing, Quarterly, Billion, After, Results, First, Lyft’s

Source: https://www.nytimes.com/2019/05/07/technology/lyft-ipo-financial-results-uber.html?partner=rss&emc=rss