>>> Lyft beats by $0.32, beats on revs; guides Q4 revs above consensus, raises

Lyft beats by $0.32, beats on revs; guides Q4 revs above consensus, raises Adj. EBITDA guidance (44.11 +0.43) Reports Q3 (Sep) loss of $0.41 per share, $0.32 better than the S&P Capital IQ Consensus of ($0.73); revenues rose 63.4% year/year to $955.6 mln vs the $915.15 mln S&P Capital IQ Consensus. Active Riders increased 28% yr/yr to 17.4 mln and Revenue per Active Rider increased 27% yr/yr to $33.63. Adjusted net loss was ($121.6) mln versus an adjusted net loss of ($245.3) mln in 3Q18. Co issues upside guidance for Q4, sees Q4 revs of $975-$985 mln vs. $942.93 mln S&P Capital IQ Consensus. Raises Adj. EBITDA guidance to be between ($160) and ($170) mln from prior implied guidance between ($240) and ($245) mln.

Lyft beats by $0.32, beats on revs; guides Q4 revs above consensus, raises Adj. EBITDA guidance (44.11 +0.43)

Reports Q3 (Sep) loss of $0.41 per share, $0.32 better than the S&P Capital IQ Consensus of ($0.73); revenues rose 63.4% year/year to $955.6 mln vs the $915.15 mln S&P Capital IQ Consensus.
Active Riders increased 28% yr/yr to 17.4 mln and Revenue per Active Rider increased 27% yr/yr to $33.63.
Adjusted net loss was ($121.6) mln versus an adjusted net loss of ($245.3) mln in 3Q18.
Co issues upside guidance for Q4, sees Q4 revs of $975-$985 mln vs. $942.93 mln S&P Capital IQ Consensus. Raises Adj. EBITDA guidance to be between ($160) and ($170) mln from prior implied guidance between ($240) and ($245) mln.