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"Investors Should Buy the Dip, Ride the Lyft" - The Information

Benzinga ·  Mar 6 15:47

Lyft and Uber have finally become profitable. For every ride hailed on Lyft, the company now earns 2.4% before interest, taxes, depreciation and amortization, whereas it lost money on bookings each year before 2023. Lyft has grown while generating an increasing amount of cash. Last year that number was $766 million.

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