Bloomberg Technology

Lyft Delivers Weaker Profit Outlook as Competition Intensifies

Roth MKM Managing Director Rohit Kulkarni joins Caroline Hyde and Ed Ludlow to discuss Lyft’s earnings outlook that significantly missed analysts’ estimates as it prepares to sacrifice profits in a bid to attract riders with lower prices. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology”…

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Roth MKM Managing Director Rohit Kulkarni joins Caroline Hyde and Ed Ludlow to discuss Lyft’s earnings outlook that significantly missed analysts’ estimates as it prepares to sacrifice profits in a bid to attract riders with lower prices.
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8 Comments

  1. Nick Of Jupiter

    February 9, 2023 at 11:46 pm

    first

  2. Rideshare Otter

    February 10, 2023 at 12:00 am

    Lyft is NOT worth $10 a share … if they can’t be profitable even after giving US drivers a pay cut … bad company … fools investment

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    February 10, 2023 at 12:15 am

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