Lyft, Inc. (LYFT)’s Q2 Earnings Point to Strong Demand, but Efficiency is the Next Test
Lyft, Inc. (NASDAQ:LYFT)'s second-quarter results were strong in several areas, but they also showed why investors should not look at the company's growth numbers in isolation. Gross bookings reached a record $5.50 billion, increasing 23% from a year earlier. Revenue rose 16% to $1.84 …