Lyft CEO David Risher poses for a portrait in New York City, U.S., April 16, 2025.
Kylie Cooper | Reuters
Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.
Shares were as high as 10% post-earnings.
Here’s how the ridesharing company did:
- Earnings: 1 cent per share
- Revenue: $1.45 billion vs. $1.47 billion estimate from LSEG
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