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LYFT / Lyft reports first-ever full year adjusted profit

Lyft reports first-ever full year adjusted profit
Ride-hailing platform Lyft announced its earnings for Q4 2021 and FY2021 after the bell on Tuesday, turning in its first-ever profitable year in terms of adjusted earnings before interest, taxes, depreciation and amortization. The company reported a figure of $92.9 million after a loss of more than $750,000 in 2020. Read More
Posted: Feb 8 2022, 18:30
Author Name: FreightWaves
Views: 110934

LYFT News  

Uber and Lyft pay $328M to settle wage-theft complaints in New York

By TechCrunch
November 2, 2023

Uber and Lyft pay $328M to settle wage-theft complaints in New York

Uber and Lyft have agreed to pay drivers in New York a combined $328 million to settle wage-theft complaints. The settlement is the result of state at more_horizontal

Uber, Lyft to pay $328 mn to drivers after New York state probe

By TechXplore
November 2, 2023

Uber, Lyft to pay $328 mn to drivers after New York state probe

Uber and Lyft will pay $328 million to settle a New York probe alleging that the companies "cheated" drivers, in an accord that also establishes paid more_horizontal

Uber and Lyft to pay out $328m to New York ride-share drivers

By The Guardian
November 2, 2023

Uber and Lyft to pay out $328m to New York ride-share drivers

Drivers celebrate ‘historic victory' as companies agree to settlement after being accused of withholding wages and benefits more_horizontal

Uber And Lyft Agree To Pay New York Drivers $328 Million After Wage-Theft Allegations

By Forbes
November 2, 2023

Uber And Lyft Agree To Pay New York Drivers $328 Million After Wage-Theft Allegations

Uber and Lyft drivers in New York will now be guaranteed paid sick leave under the settlement. more_horizontal

Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state

By CNBC
November 2, 2023

Uber, Lyft to pay $328 million to settle wage-theft allegations in New York state

In addition to a financial settlement, Uber and Lyft agreed to ongoing changes in how they pay drivers and offer benefits in New York state more_horizontal

LYFT Stock Alert: This Analyst Is Souring on Lyft

By InvestorPlace
October 31, 2023

LYFT Stock Alert: This Analyst Is Souring on Lyft

Lyft (NASDAQ: LYFT ) stock is on the move Tuesday as investors react to a new rating for the ride-sharing company's shares. MoffettNathanson analyst M more_horizontal

Lyft could soon give investors more transparency. That may not be a good thing.

By Market Watch
October 31, 2023

Lyft could soon give investors more transparency. That may not be a good thing.

Nearly four years ago, Lyft Inc. stopped reporting certain metrics like gross bookings and rides — a move that MoffettNathanson analyst Michael Mort more_horizontal

Lyft: Sub-Scale Discount

By Seeking Alpha
October 23, 2023

Lyft: Sub-Scale Discount

An improved balance between supply and demand on Lyft's platform, along with operating cost control, has reduced some of Lyft's issues. The company st more_horizontal


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