Lyft reports Q1 revenue of $875.6M, up 44% YoY, vs $844.5M est., and a net loss of $196.9M, but misses on 17.8M active riders, vs 18M expected; stock down 25%+ (Jackie Davalos/Bloomberg)

Jackie Davalos / Bloomberg:

Lyft reports Q1 revenue of $875.6M, up 44% YoY, vs $844.5M est., and a net loss of $196.9M, but misses on 17.8M active riders, vs 18M expected; stock down 25%+  —  Lyft Inc. reported first-quarter revenue that beat analysts’ estimates but recorded fewer-than-expected riders, sending the shares down more than 5% in extended trading.

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