Lyft Stock Drops After Q2 Results: Here's Why

Lyft, Inc. (NASDAQ:LYFT) released its second-quarter results after Wednesday's closing bell. Here's a look at the details from the report. 

Check out LYFT stock price and chart in real-time here. 

The Details: Lyft reported quarterly earnings of 10 cents per share, which beat the analyst consensus estimate of four cents, according to data from Benzinga Pro.

Quarterly revenue came in at $1.58 billion, which missed the Street estimate of $1.61 billion.

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