Lyft sees sustained profit starting in third quarter on cost cuts, demand rebound
Lyft Inc surprised Wall Street with significantly lower losses than expected and said it would deliver dependable profit on an adjusted basis beginning in the third quarter thanks to cost cuts that allow the company to earn more per ride.
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Lyft sees sustained profit starting in third quarter on cost cuts, demand rebound
![Lyft sees sustained profit starting in third quarter on cost cuts, demand rebound]()
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May 04, 2021
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