(CercleFinance.com) – Lyft announced last night “solid” results for its fourth quarter, while citing certain difficulties related to Omicron, which did not prevent its title from progressing on Wall Street on Wednesday.
The specialist in transport vehicles with driver (VTC) reported a turnover of 969.9 million dollars over the last three months of the year, an increase of 70% compared to 569.9 million recorded a year earlier.
At the same time, its net loss narrowed to $258.6 million, compared with a shortfall of $458.2 million in the fourth quarter of 2020.
Over the whole of the past year, the competitor of Uber nevertheless shows a loss of one billion dollars.
The San Francisco group, created in 2012, however mentioned a rising level of activity and an intensification of the number of races processed on its platform.
“Despite the short-term headwinds posed by Omicron, we remain optimistic about the 2022 financial year,” assured Elaine Paul, its chief financial officer.
The action – which has lost almost half of its value since its IPO – rose 2.5% on Wednesday following this publication.
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